On the suggestion that the dispute was settled and the account closed, the Debts Recovery Tribunal dismissed the securitisation application filed by the applicant against the respondent bank.
TheSecuritisation Application No.64/2023 is dismissed.
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
11.12.2023
Sr. No.28 SA No.64/2023
| Classific ation |
No. of Exh. |
|
|---|---|---|
| SECURITISATION APPLICATION No.64/2023 | ||
| Saudagar Shikur Majid ..Applicant Versus Osmanabad Janata Sahakari Bank Ltd. ..Respondents Mr. Ambadas S. Jadhav – Advocate for the applicant. Mr. Sushant B. Choudhari - Advocate for the respondents-bank. The matter is taken through Hybrid. |
||
| 1. The learned counsel appearing for the respondent-bank submits that the matter has been settled between the parties and the entire amount has been received by 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 respondent-bank, I pass the following order through video conferencing. ORDER |
||
| A. As the account is closed and nothing remains to be paid the Securitisation Application No.64/2023 stands dismissed. B. All pending IA in the proceeding, if any are disposed of accordingly. |
||
| C. Consign the file to the Record Room and orders be uploaded on official web-site. |
||
| (Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad |
[APK] (SA No.64/2023) Page 1 of 1
Saudagar Shikur Majid
Osmanabad Janata Sahakari Bank Ltd.
Vimal Gupta
As recorded by the court registry
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