The Debts Recovery Tribunal dismissed the securitisation application due to the applicant's non-prosecution and apparent lack of interest. The application was later withdrawn upon representation.
Securitisation Application dismissed for non-prosecution; all pending interim applications disposed of accordingly.
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IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, CAMP AT NANDED) ORDER SHEET
17.01.2024
| Sr | . No.4 | 3 S.A.No.185/2022 |
|---|---|---|
| Classific ation |
No. of Exh. |
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| SECURITISATION APPLICATION No.185/2022 Kiran Ratankumar Indure ..Applicant Versus Bank Of Maharashtra ..Defendants |
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| None for the applicant. Mr. Mohan Jaiswal h/f Mr. P. N. Kapadiya – Advocate for defendants The matter is taken through Hybrid. |
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| 1. On last dates of hearing i.e.03.07.2023 & 08.11.2023, none appears for the applicant as such in the interest of justice matter re-notified for proper orders. 2. Today none appears for the applicant, even after pass over none present for the applicant. It appears that the applicant is not interested in prosecuting the matter. 3. In view of the above, I pass the following order: ORDER A. The Securitisation Application No.185/2022 stands dismissed for non-prosecution. |
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| B. All pending IA in the proceeding, if any are disposed of accordingly. |
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| C. Consign the file to the Record Room and orders be uploaded on official web-site. Later on Mr. A.N.Irpatgire Advocate mentioned the matter in person and submits that he is willing to settle the matter. Let him approach the bank. |
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(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad |
[APK]
Kiran Ratankumar Indure
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
