Dismissed

Surya Nashik Agro Industries v. Edelweiss Asset Reconstruction Company Limited

DRT21 Nov 2023SA/125/2022

Case brief

AI extract

What is this about?

The Debts Recovery Tribunal, Aurangabad dismissed a secoyr sitz Application filed by Surya Nashik Agro Industries against Edelweiss Asset Reconstruction Company for non-prosecution. No applicant appeared despite notice. The tribunal also disposed pending interlocutory applications.

What did the court decide?

Securitisation Application No. 125/2022 stood dismissed for non-prosecution. All pending interlocutory applications were disposed off.

Surya Nashik Agro Industries versus Edelweiss Asset… — Company and Corporate | DRT (2023)

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

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	21.11. Sr. No	2023 .78 SA No. 125/2022
Classific ation	No. of Exh.
		SECURITIZATION APPLICATION NO. 125/2022 Surya Nashik Agro Industries ..Applicant Versus Edelweiss Asset Reconstruction company Limited ..Respondent None for the applicant. Mr. R.R. Bangar – Advocate for the respondent. The matter is taken through Hybrid. 1. The Learned counsel for the respondent company submits that the Securitisation Application diary no.1155/2022 was dismissed on 28.04.2023. The said bank Securitisation Application was filed challenging the sale certificate. 2. The Learned counsel for the respondent further submits that the entire pleading is changed and in virtue of application new grounds are sought to be entertained which cannot be entertained. 3. None appears for the applicant today. Even after Passover none appears. It appears that the applicant has lost the interest and the applicant is not interested in pursuing the matter. 4. In view of the above, I pass the following order through Video Conference: ORDER
		A. The Securitisation Application No.125/2022 stands dismissed for non-prosecution of the matter. B. Accordingly, all the pending Interlocutory Applications stands disposed off. C. Consign the file to the Record Room and orders be uploaded on official web-site.
		(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad

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[APK] (SA No.125/2022) Page 1 of 1

Surya Nashik Agro Industries v. Edelweiss Asset Reconstruction Company Limited

Case brief

What is this about?

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Surya Nashik Agro Industries v. Edelweiss Asset Reconstruction Company Limited

Case brief

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