The Debts Recovery Tribunal dismissed a securities application for non-prosecution after noting the applicant's consistent absence and failure to comply with previous conditional orders.
Securitisation Application No.75/2022 dismissed for non-prosecution; pending IA disposed of; file consigned to Record Room.
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
| 2 S |
8.08.2 r. No. |
023 41 SA No.75/2022 |
|---|---|---|
| Classifi cation |
No. of Exh. |
|
| SECURITIZATION APPLICATION No.75/2022 | ||
| Rahul Ananadrao Mahajan ..Applicant Versus Axis Bank ..Respondent None for the applicant. Mr. Wasif Shaikh h/for Mr. M.D. Narwadkar - Advocate for the respondent The matter is taken through VC. 1. In this matter nobody is appearing for the applicants from last two dates. The conditional orders were passed on 31st January, 2022. The said orders are not being complied with. Unnecessary burden created on the bank. 2. None appears for the applicant. Even after passed over nobody appears for the applicant. |
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| 3. It appears that the applicants are not interested in prosecuting the matter. |
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| 4. In view of the above, I pass the following order through video conferencing: |
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| ORDER | ||
| A. The Securitisation Application No.75/2022 stands dismissed for non-prosecution. B. All pending IA in the proceeding, if any are disposed of accordingly. C. File be consigned to the Record Room. |
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(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad |
[SBJ] (SA No.75/2022) Page 1 of 1
Rahul Ananadrao Mahajan
Axis Bank
Vimal Gupta
As recorded by the court registry
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