The DRT disposed of the Securitisation Application as infructuous due to the issuance of a fresh notice. Pending interlocutory applications were also disposed of with no order as to costs.
Securitisation Application No.376 of 2022 disposed of as infructuous; pending interlocutory applications disposed of.
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IN THE DEBTS RECOVERY TRIBUNAL No.2, MUMBAI (BEFORE HON’BLE PRESIDING OFFICER) ORDER SHEET
06.10.2023 Sr. No.49
| SA No.376 of 2022 |
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|---|---|---|
| classifi -cation |
No. of Exh. |
M/s. Sony Mony Developers Pvt. Ltd. & Ors. Vs. Assets Care and Reconstruction Enterprises Ltd. |
| Ms Sanjana Ghogare – Advocate for the applicants. Mr Divyanshu Gupta i/b M/s. Parinam Law Associates – Advocates for defendant. |
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| 1. The learned counsel for the parties submits that the fresh 13(2) notice has been issued and therefore, the cause of action in the present case has been terminated. Securitisation Application has become infructuous and therefore, the Securitisation Application No.376 of 2022 stands disposed of as infructuous with no order as to costs. 2. All pending Interlocutory Applications stands disposed of. |
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| Sd/- Presiding Officer, DRT-2, Mumbai |
Radhika
1 issue framed by the court
Whether a fresh 13(2) notice renders the securitisation application infructuous.
Presiding Officer
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
