The Debts Recovery Tribunal disposal order in Securitization Application No. 127/2023. The court closed the case upon deposit of ₹42 lakcs by the applicant and ordered release of title documents within two weeks.
Title documents and No Objection Certificate to be released within two weeks.
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
| 19.04. Sr. No |
2024 .32 SA No. 127/2023 |
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|---|---|---|
| Classifi cation |
No. of Exh. |
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| SECURITIZATION APPLICATION NO. 127/2023 Rahul Babruwan Swami ..Applicant Versus L and T Finance Limited ..Respondent Mr. Awale Girish L. - Advocate for applicant Mr. Wasif Shaikh h/for Mrigesh Narwadkar - Advocate for the respondent-FI. The matter is taken through Hybrid. 1. In this matter the counsel for the applicant appears and submits that they have deposited two Demand Drafts amounting total Rs.42 Lacs (Rupees Forty-Two Lacs only) with this account will be closed. The same is confirmed by the counsel for the respondent- FI. 2. In these circumstances this Securitisation Application shall be disposed off. 3. In view of the above, I pass the following order. ORDER A. The Securitisation Application No.127/2023 stands disposed off. |
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| B. The Title documents filed by the respondent-FI shall be released within a reasonable period of two weeks alongwith the No Objection Certificate. C. Accordingly all the pending interlocutory applications stand disposed off. D. File be consigned to the record room. (Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad |
[SBJ] (SA No.127/2023) Page 1 of 1
Rahul Babruwan Swami
L and T Finance Limited
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
