The Tribunal allowed an interlocutory application after the parties amicably settled the dispute for Rs.1.60 crores. Consequently, the applicant was permitted to withdraw the securitization application.
Permission granted to withdraw the Securitisation Application No.222 of 2023; application allowed with no order as to costs.
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)
Sr. No.25
INTERLOCUTORY APPLICATION No.265 of 2024 In
SECURITISATION APPLICATION NO.222 of 2023
Rameshghandra Ambelal Mehta … Applicant
Versus
HDB Financial Services Ltd. … Defendant
Mr Vijay Hinge – Advocate for the applicant. None for defendant.
Shri Deepak M. Thakkar Presiding Officer, 8th February 2024.
ORDER
Sd/-
(Deepak M. Thakkar) Presiding Officer, DRT-2, Mumbai
Radhika
IN THE DEBTS RECOVERY TRIBUNAL No.2, MUMBAI
(BEFORE HON’BLE PRESIDING OFFICER) ORDER SHEET
08.02.2024 Sr. No.25
SA No.222 of 2023
| classifi -cation |
No. of Exh. |
Rameshchandra Ambelal Mehta Vs. HDB Financial Services Ltd. |
|---|---|---|
| Mr Vijay Hinge – Advocate for the applicant. None for defendant. |
||
| 12 | 1. The learned counsel for the applicant has presented I.A. No.265 of 2024 supported by affidavit (exhibit-12), which is taken on record. |
|
| 2. Order in Interlocutory Application No.265 of 2024 passed separately. |
||
| 3. In view of the order passed in I.A. No.265 of 2024, | ||
| Securitisation Application No.222 of 2023 stands dismissed as withdrawn with no order as to costs. |
||
| Sd/- Presiding Officer, DRT-2, Mumbai |
Radhika
Rameshghandra Ambelal Mehta
Deepak M. Thakkar
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
