Kausar Construction Company v. Hdfc Bank
Case brief
What is this about?
In this securitisation application, the applicant, a construction company, argued that the bank complied with statutory guidelines and issued a notice for payment. However, the applicant was unrepresented, and the tribunal noted no payment was made despite the notice and filing, leading to dismissal of the application.
What did the court decide?
The Securitisation Application No.246/2022 is dismissed, and all interlocutory applications are disposed of.