The Debts Recovery Tribunal disposed of a securities application where the applicant sought settlement, admitted liabilities, and the respondent indicated willingness to consider a one-time settlement.
The Securitisation Application No.197/2023 stands disposed off; all interlocutory applications stand disposed off.
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
| 2 S |
0.03.2 r. No. |
024 102 SA No.197/2023 |
|---|---|---|
| Classifi cation |
No. of Exh. |
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| SECURITIZATION APPLICATION No.197/2023 | ||
| 05 | Savita Mangesh Shinde ..Applicant Versus State Bank of India ..Respondent Mr. Ganesh A. Rathod a/with Mr. R.R. Karpe - Advocate for the applicant. Mr. S.R. Deshpande – Advocate for the respondent. The matter is taken through Hybrid. 1. Written Statement (Exhibit-05) filed by the respondent bank, which is taken on record. 2. In this matter the learned counsel appearing for the respondent submits that they have filed the say alongwith the delay condonation application. 3. The main reason for delay is that the matter was settled in the National Lok Adalat consisting of two accounts |
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| but the payments have not come, One Time Settlement failed. |
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| 4. The same thing has been told by the counsel for the applicant that there was a settlement however settlement could not be complied with still they wish to settle the matter. |
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| 5. Once a party approaches the bank for a settlement it means that they have admitted all the liabilities, all the |
[SBJ] (SA No.197/2023) Page 1 of 2
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)
ORDER SHEET
[SBJ] (SA No.197/2023) Page 2 of 2
Savita Mangesh Shinde
State Bank of India
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
