Disposed
Ravanan v. Sundaram Home Finace Limited
DRTSA/160/2022
Case brief
AI extract
What is this about?
This order disposes of a SARFAESI application challenging a possession notice. The debt recovery tribunal disposed of the case as settled out of court based on the applicant's submission that the loan account was settled under an Out of Court Settlement (OTS).
What did the court decide?
The SARFAESI application is disposed of as settled out of court without costs; interim orders stand vacated.