The Tribunal disposed of a fresh securitisation application. It dismissed the application for condonation of delay and ruled the application infructuous due to lack of bids. The application was dismissed.
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
| 14.12. Sr. No |
2023 .08 Diary No.869/2023 (SA No.379/2023) |
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| Classific ation |
No. of Exh. |
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| DIARY NO. 869 of 2023 Gayatri w/o Prakash Khare ..Applicant Versus Central Bank of India ..Respondent Mr. Adinath B. Jagtap - Advocate for the applicant. Mr. M.B. Jaiswal h/for Mr. P.N. Kapadia – Advocate for the respondent-bank. The matter is taken through Hybrid. 1. This is a fresh Securitisation Application. The learned counsel for the applicant requests for issuance of notice to the respondents. 2. Registry is directed to issue notice to the respondents. The learned counsel for the respondent bank who appeared on VC accepted the notice. |
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| 3. There is no reason for condonation of delay in filing the Securitisation Application. |
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| 4. The learned counsel for the respondent bank submits that the bank has not received bids as such sale is not done and Securitisation Application becomes infructuous. 5. In view of the above, I pass the following order through video conferencing. ORDER |
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| A. The interlocutory application for condonation of delay is dismissed. |
[APK] ( Diary No.869/2023 /SA NO. 379/2023) Page 1 of 2
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)
ORDER SHEET
(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad
[APK] ( Diary No.869/2023 /SA NO. 379/2023) Page 2 of 2
Gayatri w/o Prakash Khare
Central Bank of India
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
