In SA No. 53/2024, the Debts Recovery Tribunal at Aurangabad settled the matter as the entire payment was made, and the account is closed, allowing the applicant to withdraw the application. The Tribunal dismissed the application and disposed of pending IAs.
Securitisation Application dismissed; Bank to release securities if not required.
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
| 19.04. Sr. No |
2024 .33 SA No. 53/2024 |
|
|---|---|---|
| Classifi cation |
No. of Exh. |
|
| SECURITISATION APPLICATION NO. 53/2024 | ||
| Ratndeep Ramkrushn Makode ..Applicant Versus Terna Nagari Sahakari Bank Ltd. ..Respondent Mr. Shinde Prashant S. – Advocate for the applicant. Mr. S.B. Choudhari h/for Mr. S.J. Salgare - Advocate for the respondent. The matter is taken through Hybrid. 1. The learned counsel appearing for the parties submits that the matter has been settled and the entire payment bas been made and the account is closed. 2. The learned counsel for the applicant wishes to withdraw the Securitisation Application. 3. In view of the statement made by the learned counsels for the parties, I pass the following order through video conference: ORDER |
||
| A. Securitisation Application No.53/2024 stands dismissed. | ||
| B. All pending IAs in the proceeding, if any are disposed off accordingly. Bank to release the securities if not required otherwise in other case. C. Consign the file to the Record Room. |
||
(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad |
[SBJ] (SA No.53/2024) Page 1 of 1
1 provisions across 1 enactments
Ratndeep Ramkrushn Makode
Terna Nagari Sahakari Bank Ltd.
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
