In an appeal arising from a debt recovery proceedings where no representation was filed by the appellants, the Debt Recovery Appellate Tribunal disposed of the matter as settled upon receipt of a No Objection Certificate and proof of settlement from the respondent bank.
Misc. Appeal Diary No. 2711/2024 disposed of as settled; pending I.As. dismissed.
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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Justice Vivek Bharti Sharma, Chairperson
I.A. No. 10/2025 (WoD)
In
Misc. Appeal Diary No. 2711/2024
Between
Ashay Sanjay Sawalakar & Ors. … Appellant/s V/s.
The Authorised Officer,
…Respondent/s
PNB Housing Finance Ltd. & Ors.
Mr. Vinay Deshpande, i/b M/s. V. Deshpande & Co., Advocate for Respondent No.1.
-: Order dated: 27/04/2026: -
There is no representation for the Appellants despite repeated
calls.
The Learned Counsel for the Respondent No.1 would submit that the matter has been settled between the parties and Bank has issued the NOC and also tenders a pursis in this regard which is taken on record.
Accordingly, the Misc. Appeal Diary No. 2711/2024 is disposed of as settled.
All pending I.As, if any stand dismissed.
Sd/Chairperson
psa-05
1
Ashay Sanjay Sawalakar & Ors.
The Authorised Officer
PNB Housing Finance Ltd. & Ors.
Vivek Bharti Sharma
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
