Dismissed

Mrs Shailaben Bharat Dharia v. Idfc First Bank Ltd.

DRT2 Feb 2024SA/10/2022

Case brief

AI extract

What is this about?

The Tribunal allowed Interlocutory Application No.220 of 2024 seeking withdrawal of Securitisation Application No.10 of 2022 upon creditor's withdrawal of SARFAESI notice. Consequently, the Securitisation Application was dismissed as withdrawn.

What did the court decide?

Interlocutory Application No.220 of 2024 allowed; Securitisation Application No.10 of 2022 dismissed as withdrawn.

Mrs Shailaben Bharat Dharia versus Idfc First Bank Ltd. — Banking and Recovery | DRT (2024)

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IN THE DEBTS RECOVERY TRIBUNAL No.2, MUMBAI

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(BEFORE HON’BLE PRESIDING OFFICER)

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Sr. No.26

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INTERLOCUTORY APPLICATION No.220 of 2024

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SECURITISATION APPLICATION

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NO.10 of 2022

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Mrs Shailaben Bharat Dharia

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… Applicant

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Versus

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IDFC First Bank Ltd. … Defendant

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Ms Aparna Jagtap i/b Mrs Uma S. Fadia – Advocate for the applicant. Mr R.L. Motwani – Advocate for defendant.

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Shri Deepak M. Thakkar Presiding Officer, 2^nd February 2024.

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ORDER

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The applicant moved the application seeking the Tribunal’s permission to withdraw the Securitisation Application stating that the secured creditor withdrew the 13(2) notice dated 6^th September 2021. Mr Motwani, representing the secured creditor, confirms the withdrawal of the action and measures under the SARFAESI Act. By consent of the parties, Interlocutory Application No.220 of 2024 sis allowed with no order as to costs.

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(Deepak M. Thakkar) Presiding Officer, DRT-2, Mumbai

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Nidhi

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IN THE DEBTS RECOVERY TRIBUNAL No.2, MUMBAI

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(BEFORE HON’BLE PRESIDING OFFICER)

ORDER SHEET

02.02.2024

Sr. No.26

		SA No.10 of 2022
classifi- cation	No. of Exh.	Mrs Shailaben Bharat Dharia Vs. IDFC First Bank Ltd.
		Ms Aparna Jagtap i/b Mrs Uma S. Fadia – Advocate for the applicant. Mr R.L. Motwani – Advocate for defendant.
	10	1. Ms Jagtap has presented I.A. No.220 of 2024 supported by affidavit (exhibit-10), which is taken on record. 2. Order in I.A. No.220 of 2024 passed separately. 3. In view of the order passed in I.A. No.220 of 2024, Securitisation Application No.10 of 2022 stands dismissed as withdrawn with no order as to costs. 4. All pending Interlocutory Applications, if any, stands disposed of.
		Presiding Officer, DRT-2, Mumbai

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Nidhi

Mrs Shailaben Bharat Dharia v. Idfc First Bank Ltd.

Case brief

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Mrs Shailaben Bharat Dharia v. Idfc First Bank Ltd.

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