The Debts Recovery Tribunal disposed of a securitisation application under Section 13(2) of the SARFAESI Act after the respondent bank submitted that it had withdrawn the action with all accompanying consequences.
Securitisation Application No.174/2022 and all pending intermediate applications disposed of.
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
| 23 Sr |
.09.20 . No.28 |
22 SA No.174/2022 |
|---|---|---|
| Classifi cation |
No. of Exh. |
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| SECURITISATION APPLICATION No.174/2022 | ||
| Aakanksha Integration ..Applicant Versus Union Bank of India ..Respondent Mr. G. V. Kulkarni – Advocate for the applicant. Mr. A. A. Mishra – Advocate for respondent. The matter is taken through Video Conference. 1. The learned counsel appearing on behalf of the respondent- bank submits that they have withdrawn the securitisation action under section 13(2) with all consequences as such the Securitisation Application may be disposed off. 2. In view of the statement made by the learned counsel for the respondent-bank, I pass the following order through video conference: ORDER A. Securitisation Application No.174/2022 stands disposed off with all consequences. |
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| B. All pending IAs in the proceeding, if any are disposed of accordingly. |
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| C. Consign the file to the Record Room. | ||
| (Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad |
[SBJ] (SA No.174/2022) Page 1 of 1
Aakanksha Integration
Union Bank of India
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
