Application under SARFAESI Act disposed of as settled after applicant paid full dues and bank received oral instructions.
Application disposed as settled; bank to issue no dues certificate and release property.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET
16.12.2023
| S | r. No. | 48 SA No.368/2022 |
|---|---|---|
| Classifi cation |
No. of Exh. |
|
| SECURITIZATION APPLICATION No.368/2022 | ||
| Nathshila Agarbatti Work ..Applicant Versus SVC Co-op. Bank Ltd. ..Respondent |
||
| Mr. V.S. Kadam - Advocate for the applicant. Mr. M.M. Dabholkar – Advocate for the respondent bank. The matter is taken through Hybrid. 1. The learned counsel for the applicant submits that the applicant has paid entire amount on 23.10.2023. |
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| 2. The learned counsel for the respondent bank submits that he has received oral instructions about payment of the entire dues by the applicant. 3. In view of the above, I pass the following order : ORDER |
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| A. The Securitisation Application No.368/2022 stands disposed of as settled. B. The bank is directed to issue no dues certificate and release the property. |
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| C. All pending IA in the proceeding, if any are disposed of accordingly. |
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| D. 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] (SA No.368/2022) Page 1 of 1
Nathshila Agarbatti Work
SVC Co-op. Bank Ltd.
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
