This order records the disposal of a Securitization Application (No.308/2022) by the Debts Recovery Tribunal due to a reported settlement between the applicant and the bank, evidenced by a no dues certificate.
Securitization Application No.308/2022 disposed of as settled; pending IA and interim orders disposed accordingly.
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IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)
ORDER SHEET
20.12.2023
Sr. No.33 SA No.308/2022
| Classific ation |
No. of Exh. |
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|---|---|---|
| SECURITIZATION APPLICATION No.308/2022 Rohidas Gajaram Satpute ..Applicant Versus Axis Bank Ltd. ..Respondent Mrs.Chitra Deshpande h/for Mr. K.B.Deshpande – Advocate for the applicant. Mr. M.M.Dabholkar – Advocate for the respondent. The matter is taken through Hybrid. 1. The learned counsel appearing for the applicant submits that the matter has been settled between the parties and the entire settlement amount has been deposited by the applicant and the bank has given no dues certificate. She 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 : ORDER A. The Securitisation Application No.308/2022 is disposed of as settled. |
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| B. All pending IA in the proceeding if any are disposed of accordingly. Interim orders if any also stands vacated |
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| C. Consign the file to the Record Room and orders be uploaded on official web-site. |
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(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad |
[APK]
Rohidas Gajaram Satpute
Axis Bank Ltd.
Vimal Gupta
As recorded by the court registry
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