The Debts Recovery Tribunal disposed of Securitisation Application No.378/2022. The court noted that a compromise had taken place, the settlement amount was paid, and the applicant requested closure of the matter.
The Securitisation Application No.378/2022 stands disposed of as settled.
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
05.06.2023
| Sr. | No.0 | 3 SA No.378/2022 |
|---|---|---|
| Classific ation |
No. of Exh. |
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| SECURITISATION APPLICATION No.378/2022 | ||
| Arihant Automobiles ..Applicant Versus State Bank of India ..Respondents Mr. S.S.Gangakhedkar – Advocate for the applicants. Mrs. Archana karadkhedkar – Advocate for the respondent. The matter is taken through Video Conference. |
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| 1. The learned counsel appearing for the applicant submits that the compromise took place between the parties and the entire amount of settlement has been paid by the applicant and account is closed. |
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| 2. The learned counsel for the applicant further submits that the applicant does not want to proceed further in the matter. |
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| 3. In view of the above, I pass the following order : ORDER |
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| A. The Securitisation Application No.378/2022 stands disposed of as settled. |
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| B. All pending IA in the proceeding if any are disposed of accordingly. |
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| C. Consign the file to the Record Room. Both the parties may download the order from the official web- site. |
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| (Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad |
[APK] (SA No.378/2022) Page 1 of 1
Arihant Automobiles
State Bank of India
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
