Disposed

Ms Nath Industries through Its Partners Ganesh Asram Bobade Annasaheb Ganesh Bobade v. Priyadarshani Nagari Sahakari Bank Ltd.

DRT6 Sept 2023SA/117/2022

Case brief

AI extract

What is this about?

The Debts Recovery Tribunal disposed of a securitization application filed by M/s Nath Industries against Priyadarshani Nagari Sahakari Bank Ltd. The application was treated as settled based on the respondent's submission of substantial payments and account regularity, resulting in the disposal of the application and all pending interlocutory applications.

What did the court decide?

Securitisation Application No.117/2022 and all pending interlocutory applications disposed of as settled.

Ms Nath Industries through Its Partners Ganesh Asram Bobade… — Banking and Recovery | DRT (2023)

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IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)

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ORDER SHEET

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06.09.2023

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S	r. No.	68 SA No.117/2022
Classifi cation	No. of Exh.
		SECURITIZATION APPLICATION No.117/2022
		M/s Nath Industries and others ..Applicant Versus Priyadarshani Nagari Sahakari Bank Ltd. ..Respondents None for the applicant. Mr.P.S.Gaikwad – Advocate for the respondent bank The matter is taken through VC/hybrid. 1. The learned counsel for the respondent submits that the applicant has made substantial payment and account is regular and as such seeks to dispose of the Securitisation Application.
		2. In view of the above, I pass the following order through video conferencing. ORDER
		A. The Securitisation Application No.117/2022 stands disposed of as settled.
		B. Accordingly, all Interlocutory Applications pending if any stands disposed off.
		C. Consign the file to the Record Room.
		(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad

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[APK] (SA No.117/2022) Page 1 of 1

Ms Nath Industries through Its Partners Ganesh Asram Bobade Annasaheb Ganesh Bobade v. Priyadarshani Nagari Sahakari Bank Ltd.

Case brief

What is this about?

What did the court decide?

Ms Nath Industries through Its Partners Ganesh Asram Bobade Annasaheb Ganesh Bobade v. Priyadarshani Nagari Sahakari Bank Ltd.

Case brief

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What did the court decide?

What the court decided

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