The Debts Recovery Tribunal dismissed the Securitisation Application for want of prosecution as no representation was filed by the applicant on the due date or subsequently.
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 No.2, MUMBAI
(BEFORE HON’BLE PRESIDING OFFICER) ORDER SHEET
12.04.2024 Sr. No.23
SA No.117 of 2022
| classifi -cation |
No. of Exh. |
Electra Global Resources Pvt. Ltd. Vs. Union Bank of India |
|---|---|---|
| None for the applicant. Mrs Uma S. Fadia – Advocate for defendant. |
||
| 1. On 29thNovember 2023, no representation was made by the applicant and therefore, the matter is listed under caption ‘dismissal’. Even today, no representation is made by the applicant either personally or through the advocate. It appears that the applicant is not interested |
||
| in prosecuting the case any further. Hence, |
||
| Securitisation Application No.117 of 2022 stands | ||
| dismissed for want of prosecution with no order as to costs. |
||
| Sd/- Presiding Officer, DRT-2, Mumbai |
Radhika
Electra Global Resources Pvt. Ltd.
Union Bank of India
Presiding Officer
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
