The Debts Recovery Tribunal dismissed a miscellaneous application filed in a non-registered securitization application, holding it non-maintainable and allowing the applicant to file a fresh securitization application. The order was made on 05.02.2025.
Applicant permitted to withdraw the miscellaneous application and file a fresh securitization application.
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Court of the Presiding Officer Debts Recovery Tribunal, Jaipur
Item No. 25
Case No. MA/4/2025 IN SA/300/2024
RAMJI LAL JAT Vs AU SMALL FINANCE BANK LIMITED Date: 05.02.2025.
Proceedings through hybrid mode Present:
Shri Krishan Gordhan Singh & Sh. Ramji Lal, Counsel for the Applicant
This Misc. Application has been filed in a non-registered Securitization Application. The pleadings were declined by the Ld. Registrar to register. Therefore, this Misc. application is not maintainable and applicant has to file a fresh Securitization Application.
Ld. Counsel for the applicant wants to withdraw this Misc. application and to file fresh Securitization Application within a week. Let the applicant to do so.
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 filed in a non-registered securitization application is maintainable.
RAMJI LAL JAT
AU SMALL FINANCE BANK LIMITED
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
