The Debts Recovery Tribunal disposed of a securitization application filed by Lohiya Developers against Osmanabad Janta Sahakari Bank Ltd, based on the applicant's representation that the account was settled and closed.
Disposal of the Securitisation Application No. 416 of 2022 and all interlocutory applications.
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
| 12.1 Sr. |
2.202 No.54 |
3 SA No. 416 of 2022 |
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| Classifi cation |
No. of Exh. |
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| SECURITIZATION APPLICATION No. 416 of 2022 | ||
| Lohiya Developers ..Applicant Versus Osmanabad Janta Sahakari Bank Limied ..Defendants Mr. Shivprasad Jadhawar - Advocate for the applicant. Mr. Sushant B. Choudhari – Advocate for respondent bank . This matter is taken through VC/hybrid mode. 1. The learned counsel appearing for the applicant submits that the account has been settled with the respondent-bank and the entire amount has been paid with the bank and the account is closed. He requests for disposal of the matter. 2. In view of the above statement made by the counsel for the applicant, I pass the following order through video conferencing. |
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| ORDER A. The Securitisation Application No.416/2022 is disposed of. B. Accordingly, all interlocutory applications stand disposed off. |
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| A. 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] (OA No.416/2022) Page 1 of 2
Lohiya Developers
Osmanabad Janta Sahakari Bank Limied
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
