The Debts Recovery Tribunal dismissed an applicant's securitisation application on the specific finding that the account had been closed and no amount remained payable following a settlement between the parties.
The Securitisation Application No.6/2022 is dismissed as the account is closed and the full amount was received.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET
| 1 S |
1.07.2 r. No. |
023 03 SA No.6/2022 |
|---|---|---|
| Classifi cation |
No. of Exh. |
|
| SECURITIZATION APPLICATION No.6/2022 | ||
| Jafar Ismail Shaikh ..Applicant Versus AU Small Finance Bank Limited ..Respondent Mr. Akram M. Inamdar - Advocate for the applicant. Mr. U.N. Shete – Advocate for the respondent. The matter is taken through Video Conference. 1. The learned counsel appearing for the applicant submits that the matter has been settled between the parties and the entire amount has been received by the bank and the account is closed.He requests for disposal of the matter. 2. In view of the above statement made by the counsel for the applicant, I pass the following order through video conferencing. ORDER A. As the account is closed and nothing remains to be paid the Securitisation Application No.6/2022 stands dismissed. B. Consign the file to the Record Room. (Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad |
[SBJ] (SA No.6/2022) Page 1 of 1
1 provisions across 1 enactments
Jafar Ismail Shaikh
AU Small Finance Bank Limited
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
