M S Dhanishta Furniture Works v. Union Bank of India
Case brief
What is this about?
Single judge disposed of application regarding auction bid notice rendered infructuous due to receipt of no proceedings.
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IN TI{E DEBTS RECOVERY TRIBLTNAL L
Present: A.H. Khan, Presiding Offi
Dated of order 21.9.2022
S.A. No.638 of 2022
SL No.87
Present:-
Counsel for the applicant Mr. Gyan Sineh Counsel for respondent-bank Ms. Usha Chawla
Counsel for the respondent-bank stated that the bid for the auction, therefore, IR prayed by the infructuous.
not received is rendered
Heard counsel for both the parties.
Perusal of records reveals that the applicant has sale notice and in pursuance of impugned sale notice, the has not received any bid, therefore, the present Securitization A on has become infructuous and is accordingly disposed of.
Let the file be consigned to records.
.H. Khan) siding Officer
Applicant
Respondent-bank
A.H. Khan
As recorded by the court registry
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