In Securitisation Application No.109/2023, the Debts Recovery Tribunal, Aurangabad dismissed the application for non-prosecution by the applicant, who failed to appear and had not filed a service affidavit for issued summons.
Securitisation Application No.109/2023 stands dismissed for non-prosecution.
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
| 10.0 Sr. |
5.202 No.25 |
3 SA No.109/2023 |
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| Classifi cation |
No. of Exh. |
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| SECURITIZATION APPLICATION No.109/2023 Aadarsh Traders ..Applicant Versus Nagar Urban Co-Optative Bank ..Respondent None for the applicant. The matter is taken through Video Conference/hybrid. 1. In this matter summon were issued on 24thApril, 2023, same are not served on defendants. 2. Today, none appears for the applicant. Even after pass over none present for the applicant. The applicant has not filed service affidavit on record. It appears that the applicant is not interested in prosecuting the matter. 3. In view of the above, I pass the following order. ORDER A. The Securitisation Application No.109/2023 stands dismissed for non-prosecution. |
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| B. All pending IA in the proceeding if any are disposed of accordingly. C. File be consigned to the record room. Parties may download the order from the official web-site. |
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| (Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad |
[APK] (SA No.109/2023) Page 1 of 1
1 issue framed by the court
Whether a securitisation application should proceed when the applicant fails to appear and has not filed a service affidavit.
Aadarsh Traders
Nagar Urban Co-Optative Bank
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
