The application was rendered infructuous as the account was regularized and no SARFAESI action was pending. The application was disposed of.
Application disposed of as infructuous; no SARFAESI action pending.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
SA/125/2025 M/S RBAB ARTS Vs AU SMALL FINANCE BANK LIMITED
02.07.2025 Item No.21
Present: Sh. AS Kakkar, Counsel for the Applicant (on vc). Ms.Dipika Mittal, Counsel for respondent bank.
Ms.Dipika Mittal states that the account has since been regularized. However, counsel for the applicant states that the bank is not approving the OTS submitted by the applicant. Applicant may again approach the bank with some OTS. Since, no SARFAESI action is pending, the SA has been rendered infructuous and the same stands disposed of.
File be consigned to the record room after due compliance.
(A S Narang) Presiding Officer DRT-I, Chandigarh
MANOJ
M/S RBAB ARTS
AU SMALL FINANCE BANK LIMITED
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
