The Debts Recovery Tribunal disposed of Securitisation Application No.208 of 2022 following an interim order where the secured creditor restored possession and withdrew the 13(2) notice.
Securitisation Application No.208 of 2022 and all pending Interlocutory Applications stood disposed of with no order as to costs.
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 No.2, MUMBAI
(BEFORE HON’BLE PRESIDING OFFICER)
Sr. No.908
INTERLOCUTORY APPLICATION No.2795 of 2022
In
SECURITISATION APPLICATION NO.208 of 2022
Mrs. Sasikala Bala Chendil & Ors. … Applicants
Versus
Punjab National Bank & Ors. … Defendants
Mr Alok D. Mishra – Advocate for the applicants.
Ms Savita Nangare i/b M/s. Law Focus – Advocates for defendant no.1. None for other defendants.
nd December 2022
ORDER
Sd/-
Radhika
IN THE DEBTS RECOVERY TRIBUNAL No.2, MUMBAI
(BEFORE HON’BLE PRESIDING OFFICER)
ORDER SHEET
22.12.2022 Sr. No.908
| SA No.208 of 2022 | ||
|---|---|---|
| classifi- cation |
No. of Exh. |
Mrs. Sasikala Bala Chendil & Ors. Vs. Punjab National Bank & Ors. |
| Mr Alok D. Mishra – Advocate for the applicants. Ms Savita Nangare i/b M/s. Law Focus – Advocates for defendant no.1. None for other defendants. |
||
| 1. Order in I.A. No.2795 of 2022 passed separately. 2. In view of the order passed in I.A. No.2795 of 2022, Mr Mishra would submit that Securitisation Application will not survive and it be disposed of. Accordingly, Securitisation Application No.208 of 2022 and all the pending Interlocutory Applications stands disposed of with no order as to costs. |
||
| Sd/- Presiding Officer, DRT-2, Mumbai |
Radhika
1 issue framed by the court
whether Securitisation Application No.208 of 2022 should be disposed of given the withdrawal of notice in the related interlocutory application.
Mrs. Sasikala Bala Chendil & Ors.
Radhika
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
