Allowed
Mrs Vijay Vani Panati v. The Authourised Officer Piramal Capital Housing Finance Limited
DRTSA/56/2023
Case brief
AI extract
What is this about?
The Debts Recovery Tribunal allowed the applicant's SARFAESI application challenging a possession notice that the respondent issued. Due to the respondent's non-appearance despite proper service of notices, the Tribunal set aside the possession notice, restored possession to the mortgagor, and directed the respondent not to debit certain expenses to the borrower's account, while reserving liberty
What did the court decide?
Possession notice set aside; possession restored to mortgagor; respondent directed not to debit specified expenses to borrower's account.