The Securitisation Application No.103/2022 filed by M/s. Simfar Packaging against Maharashtra Gramin Bank was dismissed in default due to the applicant's non-prosecution and lack of interest in pursuing the matter.
The Securitisation Application No.103/2022 is dismissed in default. All pending IAs are disposed of accordingly.
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.
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET
| 11. Sr. |
10.20 No.4 |
22 0 SA No.103/2022 |
|---|---|---|
| Classific ation |
No. of Exh. |
|
| SECURITISATION APPLICATION No.103/2022 | ||
| M/s. Simfar Packaging & others ..Applicants Versus Maharashtra Gramin Bank & others ..Respondents None for the applicant. Mr. J. R. Kalyankar – Advocate for the respondents. The matter is taken through Video Conference. 1. None appears for the applicant. 2. The learned counsel appearing on behalf of the respondent- bank submits that the property has already been sold and the entire securitisation proceeding has already been over. 3. It appears that the applicant is not interested in pursuing this Securitisation Application. 4. In view of the above, I pass the following order through video conferencing: |
||
| ORDER | ||
| A. The Securitisation Application No.103/2022 stands | ||
| dismissed in default for non-prosecution. | ||
| B. All pending IA in the proceeding, if any are disposed of accordingly. |
||
| C. File be consigned to the Record Room. | ||
| (Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad |
[SBJ] (SA No.103/2022) Page 1 of 1
M/s. Simfar Packaging
Maharashtra Gramin Bank
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
