Hdfc Bank v. Ms Rachit Enterprises
Case brief
What is this about?
The Presiding Officer disposed of Memorandum of Attachment proceedings where borrowers had already removed the goods.
What did the court decide?
MA disposed off; all pending IAs disposed off
What the court decided
Court of the Presiding Officer Debts Recovery Tribunal, Jaipur
Item No. 18
Case No. MA/43/2025 IN SA/642/2022 HDFC BANK Vs MS RACHIT ENTERPRISES
Date: 06.05.2025.
Proceedings through hybrid mode
Present:
Shri Vineet Sharma, Counsel for the Applicant
Shri Shashank Bhansali, Counsel for the Respondent Bank/FI
In this matter, Counsel for the applicant bank submits that though Court Commissioner was present, the MA defendants, i.e. borrowers have removed the goods. Therefore, the MA may be disposed of accordingly.
Counsel for the applicant bank undertakes to pay the Court Commissioner’s fee. The fee shall be paid.
Accordingly, MA stands disposed off, all pending IAs also stands disposed off, if any.
Parties & counsel
- applicant
MS Rachit Enterprises
- respondent
HDFC Bank
Coram
Vimal Gupta
Case details
As recorded by the court registry
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