Application disposed of as the respondent financial institution withdrew SARFAESI actions after regularizing the account, leaving no substantive issue for adjudication.
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| 13/04/2023 | Ex. No. |
Before Presiding Officer Dr. Rekha G. Dhakar, DRT-1, Mumbai. Roznama in SA 14 of 2023 Mr Dedavat Jaymangal Tejmal Vs HDFC Limited |
Next date |
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| Advocate Mr. Jaymangal J. Dedavat and Advocate Mr. G.R. Jadhav appeared for the Applicant. Advocate Mr. R.L. Motwani appeared for the Respondent. Ld. Counsel for the Respondent Financial Institution inform that impugned account is already regularised therefore, now nothing survive in the present SA. Ld. Counsel for the Applicant has also conceded the same however submits that there are some issues which to be resolve regarding the penal interest and other. Since, admittedly account is regularised and as such the Respondent F.I. has already withdrawn all the actions under the SARFAESI Act, 2002 therefore now nothing survive in the present SA and hence same is |
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| hereby disposed off accordingly. |
File be close and consigned to record room. P.O. DRT-I
Sgj/-20
Mr Dedavat Jaymangal Tejmal
HDFC Limited
Dr. Rekha G. Dhakar
As recorded by the court registry
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