The DRT dismissed a Securitisation Application filed by Kailash Nana Pilgar against ICICI Home Finance Co. Ltd. for non-compliance with a prior order, which required deposit of specified funds by February 2023.
Securitisation Application No.49/2023 dismissed for non-compliance of orders.
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
13.07.2023
| Sr. | No.4 | 6 SA No.49/2023 |
|---|---|---|
| Classifica tion |
No. of Exh. |
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| SECURITISATION APPLICATION No.49/2023 | ||
| Kailash Nana Pilgar ..Applicant Versus ICICI Home Finance Co. Ltd. ..Respondent Mr. Ravindra Ade – Advocate for the applicant. Mr. U.N. Shete – Advocate for the respondent through VC. The matter is taken through hybrid hearing. 1. In this matter on 02ndFebruary, 2023 this Tribunal ordered the applicant to pay Rs.1.50 Lacs (Rupees One Lac Fifty Thousand only) immediately on the same day and thereafter they were to pay Rs.2,00,000/- (Rupees Two Lacs only) each in March, April and May-2023. 2. Today the learned counsel for the applicant submits that |
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| he has been intimated by the applicant to appear. He appears alongwith the earlier counsel Mr. D.B. Pokale. |
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| 3. The counsel for the respondent-FI submits that the amount has not been deposited on the same day i.e. 02nd |
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| February, 2023. | ||
| 4. According to the applicant himself they have not deposited the amount in time. The amount was not deposited on 02ndFebruary, 2023 and as such for non- |
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| compliance of the orders the Securitisation Application stands dismissed. |
[SBJ]
(SA No.49/2023) Page 1 of 2
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)
ORDER SHEET
ORDER
B. All pending Interlocutory Applications stands disposed
off.
C. File be consigned to the record room.
(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad
[SBJ]
(SA No.49/2023) Page 2 of 2
Kailash Nana Pilgar
ICICI Home Finance Co. Ltd.
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
