The Debts Recovery Tribunal, Aurangabad, dismissed the securitisation application filed by M/s. Anant Industries against Canara Bank as devoid of merit due to the applicant's failure to deposit any amount despite opportunities.
Securitisation Application No.52/2024 was dismissed being devoid of any merit.
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, CAMP AT AURANGABAD) ORDER SHEET
| 1 S |
5.03.2 r. No. |
024 80 SA No.52/2024 |
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| Classifi cation |
No. of Exh. |
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| SECURITIZATION APPLICATION No.52/2024 | ||
| 05 | M/s. Anant Industries ..Applicant Versus Canara Bank ..Respondent Pratiksha C. Kale - Advocate for the applicant. Mr. G.a. Rajput –Advocate for the respondent. The matter is taken through Hybrid. 1. Say (Exhibit-05) filed by the respondent bank to the Interlocutory Application, which is taken on record. |
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| 2. Despite various opportunities from the bank and the Tribunal also the applicant is not depositing any amount. 3. In these circumstances this securitisation application shall liable to be dismissed being devoid of any merit. 4. In view of the above, I pass the following order. ORDER A. The Securitisation Application No.52/2024 stands dismissed being devoid of any merit. |
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| B. File be consigned to the record room. The parties may download the order from the official web-site. |
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(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad |
[SBJ] (SA No.52/2024) Page 1 of 1
M/s. Anant Industries
Canara Bank
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
