Dismissed
Ms Nanesh Collection v. Fullerton India Credit Company Ltd.
DRTSA/505/2023
What the court decided
AI extract
Outcome
Dismissed
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CONTD. ORDER-SHEE T
PAGE No
CASE No
| DATE | DESCRIPTIONOFTHE ORDER | REMARK |
|---|---|---|
| sA505/2 12t06123 |
ShriYashwarclh Applicants Agrawal,Advfulthe ShriVivekShukla,Advtirrthel{esponcle nt I.Matteristakenuplbrhearingoninterinr reliefasprayedthrough mainSA. 2.ApplicantsharclrlccithisSALr/sl7(I)ol' thesarfaesiac12002assailingthedcmand notioe,possessionuoticeandorderdated 05104123passedbytheCJM IndoreAnn.A-3. 3.Onmattclbcing takcn atthevcrloutsct RespondentCor,rnsclsubmitsthatunclcrthc processolexecutiorro1'orderdated05,'04123 passedb1'thcCJMIncloreApplicantsharc givenunderlakingtomaintainllnancial disciplineregardingthe loan accountand havc alsodeposited overdueamount therelbreat presenttheIlespondcnt[r.lisnotintenrledto execLrtethcoldcldatcd05/0.1i23passcclbythc CJMIndore. 4.Respondent Counselfurlhersubmitsthat lookingtounclcltaliingthisSnnlir-'bc disposedofaccordingtywiththisobscn'alion thatifthe Applicants rcmainfailtocomply' theundeltakingbydepositingthree consecutiveinstallmentsthc righttoexecLrte theorderundclchallengcdshallbckept reserved. 5.On bcingaskcdApplicantCounsel alsob1 invitingattcr.rtiononstatcr.nentol'lccorrnl. submitsthal thcApplicantshave cleirrcdall past overduebycl ositingrequircdarnouut |
CONTD. ORDER.SHEET
PAGE No
CASE No
| DATE DESCRIPTIONOFTHE ORDER |
|---|
| and hefufthersubtttits thattheApplicantsate agreetocomply thefrnancialdisciplineb,v dipositingfutureinstallments onduedatc' |
| 6.ApplicantCounselisalsoaglceto disposedofthis SAmentioning thc conditions requestedbYthcResPondentside' 7.Lookingtocorlsensusofboth thcsiclcthis SAis beingdisposedofsubjecttoconditions nrentionedasbelou':- |
| (i)'l'hat theApplicantshavcalleadl dcpositedpastovctduc in thcirloarl accotlntto tupgradetheloanaocount. |
| (ii)TheApplicantsl-ravegivenunclcrtal<ing to tn.Responclcntlr.ltomaintainlllllrncial disciptiniinfirtut'ebydepositingduc installmentuelIr'rithintime. |
| (iii)'l'hcRcspottilcntF.lhasasstttccltothc ApplicantsnottocxccLltethcolclcldatecl OStOqDlpassedby theCJMlndorcaboutto takephyiicalpossessionofthemortgaged property. (iv)Horveveril'theApplicantsrcnraitr. tnakc defaulttopaycousecutivethreeinstallments thenRespondentF.lshallbeinlibcrtyto exccute theordclclatcd05/0'l/23passedbythc CJMIndorc. |
| 8.Boththe partics shallbeartheirowucost' |
| REMARK |
|---|
CONTD. ORDER.SHEET
PAGE No
GASE No
| DATE | DESCRIPTIONOFTHE ORDER | REMARK |
|---|---|---|
| 9. On thealolesaicl rcasous.this SAisdisposedol't'inally. |
||
| 10.Itecordbeconsignedtotherecord room. (RamNiwasPatel) Presidin Ol,ficer D.R.T,Jabalpur (M.P&C.(;) |
As recorded by the court registry
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