Uma Ram v. Axis Bank
Case brief
What is this about?
The Debts Recovery Tribunal, Jaipur dismissed an application filed by Uma Ram seeking to restore a dismissed Securitization Application. The Court held the applicant can file the application when the right to do so accrues.
What did the court decide?
Applicant permitted to file Securitization Application when right to file accrues.
What the court decided
Court of the Presiding Officer Debts Recovery Tribunal, Jaipur
Item No. 78
Case No. MA/124/2024
UMA RAM Vs AXIS BANK
Date: 10.02.2025.
Proceedings through hybrid mode Present:
Shri Vivek Yadav, Counsel for the Applicant
This Misc. Application has been moved to restore the Securitization Application which was dismissed by the Ld. Registrar as it was filed premature.
The applicant will be at liberty to file the Securitization Application, as and when right to file the same accrues.
In view of the above, this Misc. Application stands dismissed.
File be consigned to record, as per rules. Copy of order be uploaded on website.
(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Jaipur
Issues for consideration
1 issue framed by the court
Whether the applicant is entitled to restore a dismissed Securitization Application regarding prematurity.
Parties & counsel
- applicant
Uma Ram
- respondent
Axis Bank
Coram
Vimal Gupta
Case details
As recorded by the court registry
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