In a securitisation application, the Debts Recovery Tribunal disposed of the application with liberty to the applicant to file a fresh one when the bank proceeds with securitisation.
Securitisation Application No.151/2023 disposed off with liberty to file fresh application when bank proceeds.
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
| 18 Sr. |
.03.2 No. |
024 72 SA No. 151/2023 |
|---|---|---|
| Classifi cation |
No. of Exh |
. |
| SECURITISATION APPLICATION NO.151/2023 Varsha Anil Khose ..Applicant Versus Osmanabad Janata Sahakari Bank Ltd.& others .. Respondents None for the applicant Mr. S.B.Choudhari– Advocate for the respondents. The matter is taken through Hybrid. 1. None appears for the applicant. Only District Magistrate’s orders are being challenged. Nothing remains as per the counsel of the respondent bank. 2. The loan has been admitted. There is no discrepancy shown by the applicant in the pleadings. In absence of the applicant, this Securitisation Application shall be disposed off with liberty to the applicant to file fresh securitisation application as and when the bank proceeds under securitisation and if they wish to challenge. 3. In view of the above, I pass the following order. ORDER A. The Securitisation Application No.151/2023 stands disposed off with liberty to the applicant to file fresh securitisation application as and when the bank proceeds under securitisation and if they wish to challenge. B. Accordingly all the interlocutory applications stand disposed off. C. File be consigned to the record room. (Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad |
[SBJ]
(SA No151/2023) Page 1 of 1
1 issue framed by the court
Whether the Securitisation Application should be disposed off in the absence of the applicant given that the loan was admitted and no discrepancy was shown.
Varsha Anil Khose
Osmanabad Janata Sahakari Bank Ltd.
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
