Disposed

Mrs Pratap Bhanushali v. Asset Care and Reconstruction Enterprise Limited

DRT12 Oct 2023SA/256/2023

Case brief

AI extract

What is this about?

In a Securitization Application, the Debts Recovery Tribunal disposed of the matter and all pending Interlocutory Applications as infructuous by consent between the parties, with no order as to costs.

What did the court decide?

Securitization Application No.256 of 2023 and all pending Interlocutory Applications disposed of as infructuous with no order as to costs.

Mrs Pratap Bhanushali versus Asset Care and Reconstruction… — Banking and Recovery | DRT (2023)

¶1

IN THE DEBTS RECOVERY TRIBUNAL No.2, MUMBAI

¶2

(BEFORE HON’BLE PRESIDING OFFICER)

ORDER SHEET

12.10.2023

Sr. No.917

		SA No.256 of 2023
classifi -cation	No. of Exh.	Mrs Pratap Bhanushali & 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.C- 3702 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.256 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

¶7

Nidhi

Mrs Pratap Bhanushali v. Asset Care and Reconstruction Enterprise Limited

Case brief

What is this about?

What did the court decide?

Mrs Pratap Bhanushali v. Asset Care and Reconstruction Enterprise Limited

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Parties & counsel

Case details

Similar cases

Ace ALCOBEv Private Limited and Anr. versus Bank of Maharashtra

Meeser Parekh Sons versus Piramal Capital And Housing Finance Ltd.

Mr Ashish S Chordia versus Punjab National Bank

Rajesh Murarka versus Asset Care and Reconstruction Enterprise Limited

Jalpa Shah versus Asset Care and Reconstruction Enterprise Limited

Arun Agarwal versus Asset Care and Reconstruction Enterprise Limited