In this securitisation application, the Appellant argued that the Respondent Bank initiated actions under the SARFAESI Act but the loan account was regularised by payment of upgradation amount on 07/03/2025, making it standard. The court disposed of the application.
No specific relief, the application was disposed of.
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.
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET
01.08.2025
| Sr. No. | 19 SA No. 126/2025 |
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|---|---|---|
| Classifi cation |
No. of Exh. |
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| SECURITISATIONS APPLICATION NO. 126/2025. Shaikh Akil Shaikh Rashid Anr. ..Applicants Versus Bank of Baroda ..Respondent None for the applicants Mr. Vakil S.R. -Advocate for the respondent. 1. The learned counsel for respondent has filed pursis and submitted that the respondent bank had initiated actions and measures under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest act, 2002 against the applicant borrower. That the applicant borrower has regularised the said loan account by paying the upgradation amount on 07/03/2025. As on date the account has become regular and standard. Therefore, requested to dispose of the matter. 2. Heard. |
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| 3. In view of the regularisation of loan accounts, I pass the following order. ORDER A. The S.A. No. 126 /2025 stands disposed of. B. Pending Interlocutory Applications, if any stands disposed off. C. Consign the file to the Record Room. |
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(Dr. J.R. Chauhan) Presiding Officer Debts Recovery Tribunal, Aurangabad |
[Ambadas] (SA No.126/2025) Page 1 of 1
1 provisions across 1 enactments
Shaikh Akil Shaikh Rashid
Bank of Baroda
Dr. J.R. Chauhan
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
