Debts Recovery Tribunal at Jaipur disposed of an Maintenance Application (MA) filed against the Kotak Mahindra Bank Limited as infructuous upon the representation that the account has been closed.
The Maintenance Application (MA) and all pending Instant Applications were disposed of as infructuous.
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.
Court of the Presiding Officer Debts Recovery Tribunal, Jaipur
Item No. 65
Case No.MA/265/2022 IN SA/67/2020
KAILASH CHAND SHARMA Vs KOTAK MAHINDRA BANK LIMITED Date: 28.10.2025.
Proceedings through hybrid mode Present:
Shri Arvind Gupta, Counsel for the Applicant
Shri Pramod Kumar, Counsel for the Respondent Bank/FI
In this matter, Counsel for the Respondent submits that the account has been closed and MA may be disposed of as infractuous.
Considering the submission made by Counsel for the Respondent, MA stands disposed of, all pending IAs also stands disposed off, if any. Registry is directed to hand over the property papers which are lying with the Registry to the counsel for the bank for further handing over it to the applicant.
File be consigned to record as per rules. Copy of order be uploaded on website.
(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Jaipur
KAILASH CHAND SHARMA
KOTAK MAHINDRA BANK LIMITED
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
