Debts Recovery Tribunal allowed withdrawal of an interlocutory application and dismissed the main securitisation as withdrawn following an amicable settlement between the parties.
Interlocutory application allowed as withdrawn; securitisation application dismissed as withdrawn with no order as to costs; all pending IAs disposed of.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)
Sr. No.27
INTERLOCUTORY APPLICATION No.2568 of 2023
In
SECURITISATION APPLICATION NO.33 of 2023
Turtletop Marketing Pvt. Ltd. & Ors. … Applicants Versus Kotak Mahindra Bank … Defendant
Ms Bhagyashree Keny – Advocate for the applicants.
Ms Dimple Tejani i/b M/s. M & S Legal Ventures – Advocates for defendant.
Shri Deepak M. Thakkar Presiding Officer,st February 2024.
ORDER
Sd/(Deepak M. Thakkar) Presiding Officer, DRT-2, Mumbai
Nidhi
IN THE DEBTS RECOVERY TRIBUNAL No.2, MUMBAI
(BEFORE HON’BLE PRESIDING OFFICER)
ORDER SHEET
01.02.2024
Sr. No.27
| SA No.33 of 2023 | ||
|---|---|---|
| classifi -cation |
No. of Exh. |
Turtletop Marketing Pvt. Ltd. & Ors. Vs. Kotak Mahindra Bank Ltd. |
| Ms Bhagyashree Keny – Advocate for the applicants. | ||
| Ms Dimple Tejani i/b M/s. M & S Legal Ventures – Advocates for defendant. |
||
| 1. Order in I.A. No.2568 of 2023 passed separately. 2. In view of the order passed in I.A. No.2568 of 2023, |
||
| Securitisation Application No.33 of 2023 stands dismissed as withdrawn with no order as to costs. |
||
| 3. All pending IAs, if any, stands disposed of. | ||
| Sd/- Presiding Officer, DRT-2, Mumbai |
Nidhi
Turtletop Marketing Pvt. Ltd. & Ors.
Shri Deepak M. Thakkar
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
