A debt recovery tribunal dismissed a miscellaneous application filed by the applicant against the respondent bank. The court held the application was not maintainable as the bank had already acted under the Securitization Act.
Miscellaneous application dismissed.
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Court of the Presiding Officer Debts Recovery Tribunal, Jaipur
Item No. 6
Case No.MA/193/2025 IN SA/672/2023
MS GAWACHI PRODUCTS DISTRIBUTORS Vs BANK OF BARODA
Date: 13.11.2025.
Proceedings through hybrid mode Present:
Shri K S Gautam, the applicant in person
This Misc. application is not maintainable as the bank has already proceed under the Securitization Act and issue different demand notice for challenging the same, liberty was already granted to the applicant.
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
1 issue framed by the court
Whether a miscellaneous application is maintainable when the bank has already proceeded under the Securitization Act and issued a different demand notice.
MS Gawachi Products Distributors
Bank of Baroda
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
