Disposed

Mrs Manisha Kailash Rodge v. Union Bank of India

DRT13 Oct 2023SA/335/2023

Case brief

AI extract

What is this about?

The Debts Recovery Tribunal disposed of an interlocutory application for stay regarding acceptance of a sum of money as infructuous since no sale had taken place. The Tribunal also disposed of the main securitization application and directed settlement.

What did the court decide?

Interlocutory application No.1826/2023 disposed as infructuous. Securitization Application No.335/2023 disposed. Applicant directed to settle with the bank.

Mrs Manisha Kailash Rodge versus Union Bank of India — Banking and Recovery | DRT (2023)

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IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)

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ORDER SHEET

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13.10.2023

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S	r. No.	09 SA No.335/2023
Classifi cation	No. of Exh.
		INTERLOCUTORY APPLICATION No.1826/20923 IN SECURITIZATION APPLICATION No.335/2023
		Mrs. Manisha Kailash Rodge ..Applicant Versus Union Bank of India ..Respondents
		Mr. K.B. Deshpande - Advocate for the applicant. Mr. A.A. Mishra – Advocate for the respondent bank The matter is taken through VC/hybrid.
		1. In this matter the learned counsel for the applicant submits that Interlocutory Application No.1826/2023 has been moved for stay and direction to the bank to accept the particular sum of money.
		2. The learned counsel for the respondent bank submits that the sale has not taken place and as such the Interlocutory Application No.1826/2023 filed by the applicant has
		become infructuous.
		3. In view of the above, I pass the following order through video conferencing.
		ORDER
		A. Interlocutory Application No.1826/2023 stands
		disposed off as infructuous.

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[SBJ] (SA No.335/2023) Page 1 of 2

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IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)

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ORDER SHEET

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B. Accordingly the Securitisation Application No.335/2023 stands disposed off.

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C. Let the applicant go and settle the matter with the respondent bank because the sale has not taken place. (Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad

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[SBJ] (SA No.335/2023) Page 2 of 2

Mrs Manisha Kailash Rodge v. Union Bank of India

Case brief

What is this about?

What did the court decide?

Mrs Manisha Kailash Rodge v. Union Bank of India

Case brief

What is this about?

What did the court decide?

What the court decided

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