Dismissed
Gic Housing Finance Ltd. v. Shailesh Sawant
DRATIA/555/2022
Case brief
AI extract
What is this about?
The Debts Recovery Appellate Tribunal dismissed the appeal in a SARFAESI matter as infructuous because the respondent failed to appear and did not comply with the undertaking to deposit the amount, thus removing any embargo on possession.
What did the court decide?
The stay on taking over possession was lifted; the appeal was dismissed as infructuous; the S.A. to be disposed expeditiously.