The Debts Recovery Tribunal dismissed the Applicant's Securitisation Application for want of prosecution due to the Applicant's non-compliance with a previous order and failure to appear. Pending applications were disposed accordingly.
The Securitisation Application No.116/2022 is hereby dismissed for want of 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
| 15.0 Sr. |
3.202 No.35 |
3 SA No.116/2022 |
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| Classif ication |
No. of Exh |
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| SECURITIZATION APPLICATION No.116/2022 M/s Omsai Group ..Applicant Versus The Washim Urban Co-Operative Bank Ltd. ..Respondent None for the applicant. 1. It is reported that the applicant has not complied with the order dated 09thSeptember, 2022 passed by this |
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| Tribunal regarding deposit of an amount of Rs.2,21,000/-. 2. Today also none present for the applicant, it seems that the applicant is not interested in pursuing the matter. 3. In view of the above, I pass the following order: ORDER |
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| A. The Securitisation Application No.116/2022 is hereby dismissed for want of 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. The 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.116/2022) Page 1 of 1
M/s Omsai Group
The Washim Urban Co-Operative Bank Ltd.
Vimal Gupta
As recorded by the court registry
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