In an application to securitise a debt, the Tribunal, upon counsel's submission that the account was settled, disposed of the matter vide conferencing without prior hearing on merits.
Securitisation Application No.398/2022 stands disposed off as the account is settled; all pending Interlocutory Applications disposed off.
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
| 25 Sr |
.05.20 . No.17 |
23 SA No.398/2022 |
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| Classifi cation |
No. of Exh. |
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| SECURITISATION APPLICATION No.398/2022 | ||
| Akash Cotton Industries ..Applicant Versus State Bank of India ..Respondent Ms. Harshita Manglani h/for Mr. S.R. Vakil - Advocate for the applicant. Mr. M.G. Deokate - Advocate for the respondent-bank. The matter is taken up through VC. 1. In this matter the learned counsel for the applicant submits that the account stands settled and may be disposed off. 2. The learned counsel for the respondent-bank submits that the Original Application No.167/2015 has also to be |
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| tagged alongwith this Securitisation Application however it is listed before the Registrar. |
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| 3. The Registrar is hereby directed to place this matter | ||
| before this Tribunal today itself on supplementary board so that the original application can be disposed off. 4. In view of the above, I pass the following order through video conferencing. ORDER A. Securitisation Application No.398/2022 stands disposed off as the account is settled. |
[SBJ] (SA No.398/2022) 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
[SBJ]
(SA No.398/2022) Page 2 of 2
Akash Cotton Industries
State Bank of India
Vimal Gupta
As recorded by the court registry
2 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
