Dismissed

Aditya Traders v. Nagar Urban Co. Operative Bank

DRT7 Jun 2023SA/195/2022

What the court decided

AI extract

Outcome

Securitisation Application No.195/2022 stands dismissed along with pending interlocutory applications.

Aditya Traders versus Nagar Urban Co. Operative Bank — Civil Procedure and Limitation | DRT (2023)

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

07 Sr	.06.202 . No.51	3 SA No.195/2022
Classifi cation	No. of Exh.
		SECURITISATION APPLICATION No.195/2022 M/s Aditya Traders & others ..Applicant Versus Nagar Urban Co-op Bank & others ..Respondent Mr. N. B. Patekar – Advocate for the applicant. Mr. S. R. Deshpande – Advocate for the respondent. The matter is taken through Video Conference. 1. In this matter both the learned counsels appearing for the Applicant and the Respondent-bank decided amongst themselves to seek a re-notification of the matter. The Tribunal is not interested in giving the dates. 2. There is nothing in this Securitisation Application and as such liable to be dismissed as it can not be kept on board just for the bank to go further and then by way of amendment action is challenged. The applicant can challenge the actions of Bank as and when taken by filing SA. 3. In view of the above, I pass the following order through video conferencing.
		ORDER
		A. The Securitisation Application No.195/2022 stands dismissed. B. All the pending interlocutory applications stand disposed off accordingly. C. File be consigned to the record room.
		(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad

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