In SA No.30 of 2023, the applicant sought to withdraw a Securitisation Application. The respondent accepted the withdrawal and restoration of possession. The Tribunal disposed of the application as not pressed.
Securitisation Application No.30 of 2023 disposed of as not pressed. All pending IAs disposed of.
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)
ORDER SHEET
04.01.2024
Sr. No.8
| SA No.30 of 2023 | ||
|---|---|---|
| classifi- cation |
No. of Exh. |
Amsons Banquets Pvt. Ltd. Vs. HDB Financial Services Ltd. |
| Mr Puneet Gogad i/b Mr Jaynendra Navlani – Advocate for the applicant. |
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| 23 | Mr Padmakar Garad i/b M/s. SG Legal – Advocates for defendant. 1. Defendant’s counsel has presented affidavit (exhibit- 23), which is taken on record. The counsel has made endorsement to ignore paragraphs 1 to 9 and read |
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| only paragraphs 10 to 12. Paragraph 10 refers to withdrawal of the action and measures taken under |
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| the SARFAESI Act. Paragraph 11 refers to the restoration of the possession and paragraph 12 refers to the disposal of the Securitisation Application. The |
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| statement made by the defendant’s counsel |
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| withdrawing the action and measures taken under the SARFAESI Act is accepted. The statement made by the defendant’s counsel referring to the restoration of the possession within 2 weeks is also accepted. |
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| Based on the affidavit (exhibit-23), Mr Gogad requests the Tribunal to dispose of the Securitisation |
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| Application as not pressed. Accordingly, |
Page 1 of 2
Securitisation Application No.30 of 2023 stands
disposed of as not pressed with no order as to costs.
2. All pending IAs stands dispose of.
Sd/-
Presiding Officer,
DRT-2, Mumbai
Nidhi
Page 2 of 2
1 provisions across 1 enactments
Amsons Banquets Pvt. Ltd.
HDB Financial Services Ltd.
Hon'ble Presiding Officer
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
