Dismissed
Jayashree D Pawaskar v. Reliance Asset Reconstruction Company Limited
DRATIA/730/2024
What the court decided
AI extract
Outcome
Dismissed
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Mr. Justice Ashok Menon, Chairperson
I.A. No. 730/2024 (Stay) In
Misc. Appeal on Diary No. 2255/2024
Between
Jayashree Pawaskar & Anr. … Appellant/s
V/s.
Reliance Asset Reconstruction Company Ltd. & …Respondent/s Ors.
Ms. Siddhi Bhutada, Advocate for Appellants.
Mr. Vinay Deshpande, i/b M/s. V. Deshpande & Co., Advocate for Respondents.
It is submitted that the Ld. Counsel appearing for the respondents that Sarfaesi measures have been dropped in view of the settlement arrived between the borrowers.
The appellant is 3rd party who claimed to the bonafide purchaser. In view of the Sarfaesi measures being dropped, the S.A. will not be maintainable any more.
Hence, the appeal has also become infructuous.
The appellant is at liberty to seek remedy against the borrowers if any.
Sd/Chairperson
psa-16
1
Jayashree Pawaskar & Anr.
Reliance Asset Reconstruction Company Ltd.
Ashok Menon
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court