Bhikaji Savitra Chirke v. Central Bank of India
Case brief
What is this about?
The Debt Recovery Tribunal disposed of the securitisation application and all pending interlocutory applications as the respondent-bank had withdrawn the statutory notice under Section 13(2) of the SARFAESI Act, with counsels agreeing on the withdrawal of subsequent actions.
What did the court decide?
Disposition of Securitisation Application No.323/2022 and all pending interlocutory applications due to withdrawal of Section 13(2) notice by the bank.