Tribunal allowed applicant's plea to withdraw Securitisation Application No. 291/2023 due to successful One Time Settlement with the respondent bank, disposing of the matter.
Interlocutory Application No. 2016/2023 allowed; Securitisation Application No. 291/2023 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
| 09. Sr. |
01.20 No.45 |
24 SA No.291/2023 |
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| Classific ation |
No. of Exh. |
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| Interlocutory Application No.2016/2023 IN SECURITISATION APPLICATION No.291/2023 Aurangabad Ashoka Hotels & Resorts Pvt. Ltd. ..Applicant Versus Janata Sahakari Bank Ltd.. ..Respondent Mr. S.G. Dodya - Advocate for the applicant. The matter is taken through Video Conference. 1. By this interlocutory application the applicant seeks permission of this Tribunal to withdraw the Securitisation Application. The applicant submits that the applicant has entered into OTS with the respondent bank and as per the terms and conditions of One Time Settlement the applicant wishes to withdraw the Securitisation Application. 2. The applicant therefore, seeks permission of this Tribunal to withdraw the Securitisation Application. 3. The applicant has made out the case for withdrawal of the securitisation application. 4. In view of the above, I pass the following order through Video Conference: ORDER |
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| A. Interlocutory Application No.2016/2023 is allowed. Securitisation Application No.291/2023 is disposed off. B. Consign the file to the Record Room. (Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad |
[SBJ] (SA No.291/2023) Page 1 of 1
Aurangabad Ashoka Hotels & Resorts Pvt. Ltd.
Janata Sahakari Bank Ltd.
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
