Disposed
Jai Hanuman Oil Industries v. Icici Bank Limited
DRTSA/158/2023
What the court decided
AI extract
Outcome
Disposed
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IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET
| 14. Sr. |
12.202 No.09 |
3 SA No. 158/ 2023 |
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| Classific ation |
No. of Exh. |
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| SECURITISATION APPLICATION NO.158/ 2023 Jai Hanuman Oil Industries ..Applicant Versus ICICI Bank Ltd. .. Respondents Mr. A.D.Sonar- Advocate for the applicant Mr. M.D.Narwadkar – Advocate for the respondents. The matter is taken through Hybrid. 1. The learned counsel for the applicant submits that there is a settlement with the bank and he has agreed to pay an amount of Rs.20 lac by 31.12.2023. 2. The learned counsel for the respondent bank submit that in view of the letter given by the applicant they have put on hold the sale and will wait up to 31.12.2023 for clearance of the dues by the applicant. 3. In view of the above, I pass the following order through video conferencing. ORDER |
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| A. The Securitisation Application No.158/2023 is disposed of. B. All pending IA in the proceeding if any are disposed of accordingly. C. Consign the file to the Record Room and orders be uploaded on official web-site**.** |
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(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad |
[APK]
Jai Hanuman Oil Industries
ICICI Bank Ltd.
Vimal Gupta
As recorded by the court registry
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