The Debts Recovery Tribunal disposed of a securitization application filed by a third-party applicant challenging possession measures. The Tribunal found the application infructuous as the applicant had voluntarily vacated the premises and handed over possession.
The securitization application stands disposed of as infructuous; any interim order is vacated.
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 II, KARNATAKA AT BENGALURU
Dated this the 25th Day of July 2022,
Present: SMT. S. V. GOWRAMMA Hon`ble Presiding Officer
SA.No.210/2022
Between:
Sri. G. Abhishek N. Rao S/o Sri.G. Narayana Rao R/at: 104/ JR Suvarna Apartment 976/30/1, Gublala Main Road 80 Feet Road Bangalore - 560063 ...Applicant
And:
Counsels on record/appeared for:
Applicant : Sri. K.S. Harish Respondent No.1 : Smt. Sheela Deepak Respondent No.2 : -
: ORDER ON SA 210/2022:
The present Securitization Application is filed under sub-Section [1] of S.17 of the Securitization and Reconstruction of Financial Asset and Enforcement of Security Interest Act, 2002 (for short the ‘Act’) challenging the action and the measure taken by the secured creditor under the Security Interest [Enforcement Rules, 2002 [for short the ‘Rules’ 2002].
2 SA.No.210/2022
3 SA.No.210/2022
Accordingly, SA.No.210/2022 stands disposed of as infructuous. Interim order granted if any stands vacated. Any pending IA’s if any are disposed of in terms of this order. No order as to cost.
(Dictated to the Stenographer (BL), after its transcription and necessary corrections, signed and Order is passed on this day 25th Day July, 2022)
Sd/-
PRESIDING OFFICER DRT-2, BENGALURU
2 provisions across 2 enactments
G. Abhishek N. Rao
Bank of Baroda Bannerghata Branch
Harihara Subramanian
Smt. S. V. Gowramma
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
