Securitisation Application No.42/2022 was dismissed in view of the applicant's settlement request; parties instructed to settle mutually.
Directed applicant to settle with respondent and retain liberty to challenge bank's action.
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IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, AURANGABAD) ORDER SHEET
| 19.03. Sr. No |
2024 .32 S.A.No.42/2022 |
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|---|---|---|
| Classific ation |
No. of Exh. |
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| SECURITISATION APPLICATION No.42/2022 Pratiba Rangnath Nannore .. Applicant Versus State Bank Of India .. Respondent Mr. Shaikh Shafique Ahmed – Advocate for applicant Mr. Rakh Arun - Advocate for the respondent bank. 1. The learned counsel for the applicant submits that the matter is under settlement and requests to re-notify the matter. 2. In view of the above, I pass the following order: ORDER A. The Securitisation Application No.42/2022 stands dismissed. B. The applicant to settle the matter with the respondent bank and respondent bank may consider the settlement as per their own policy. C. The applicant is at liberty to challenge the action of the bank if the bank proceeds ahead. D. All pending IA in the proceeding, if any are disposed of accordingly. E. Consign the file to the Record Room and orders be uploaded on official web-site. |
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(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad |
[APK]
Pratiba Rangnath Nannore
State Bank Of India
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
