Shamit Infrastructure v. State Bank of India
Case brief
What is this about?
The applicant failed to appear before the Debts Recovery Tribunal to prosecute Securitisation Application No. 155/2022. The Presiding Officer dismissed the application in default for non-prosecution and vacated any interim stay, if any.
What did the court decide?
Securitisation Application No. 155/2022 stands dismissed in default; pending IA disposed of accordingly; interim stay vacated.