The Debts Recovery Tribunal disposed of the Securitization Application No.248 of 2023 as infructuous based on the parties' consent terms and the handover of the original NOC.
Securitization Application No.248 of 2023 disposed of as infructuous; pending IA's disposed. No order as to costs.
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IN THE DEBTS RECOVERY TRIBUNAL No.2, MUMBAI
(BEFORE HON’BLE PRESIDING OFFICER)
ORDER SHEET
12.10.2023 Sr. No.911
| SA No.248 of 2023 | ||
|---|---|---|
| classifi -cation |
No. of Exh. |
Mr Jalpa Shah & Anr. Vs. Asset Care and Reconstruction Enterprise Ltd. & Ors. |
| Mr Anshul Anjarlekar i/b M/s. Raval-Shah & Co. – Advocates for the applicant. Mr Charles De Souza and Mr Mayank Samuel i/b M/s. Sirius Legal – Advocates for defendant no.1. Mr Nitin Thakker, Senior Counsel i/b Mr Saurabh Nikalji – Advocates for defendant no.3. None for other defendants. |
||
| 1. The parties in Securitization Application No.232 of 2023 filed the consent terms and affidavit-cum- undertaking. Based on consent terms, the secured creditor has handed over the original NOC in the present Securitization Application relating to Flat No.A- 102 in Kanakia Levels. Based on the NOC issued by the secured creditor’s counsel, Mr Anjarlekar, representing the applicant, requests the Tribunal to dispose of the Securitization Application as infructuous. By consent, Securitization Application No.248 of 2023 stands disposed of as infructuous with no order as to costs. 2. All pending IAs stands disposed of with no order as to costs. Sd/- Presiding Officer, DRT-2, Mumbai |
Nidhi
Mr Jalpa Shah & Anr.
Asset Care and Reconstruction Enterprise Ltd. & Ors.
Presiding Officer
As recorded by the court registry
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