Disposed

Mr Yogesh S/O Krushndas Somwanshi v. Motilal Oswal Home Finance Limited

DRT24 Jul 2025SA/22/2024

Case brief

AI extract

What is this about?

The Debts Recovery Tribunal disposed of the securitisation application as withdrawn. The applicant had submitted a One Time Settlement proposal, accepted by the respondent finance company, and paid the entire outstanding loan amount, resulting in account settlement.

What did the court decide?

Securitisation application disposed of as withdrawn; pending interlocutory applications disposed off.

Mr Yogesh S/O Krushndas Somwanshi versus Motilal Oswal Home… — Banking and Recovery | DRT (2025)

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IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET

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	24.07.2 Sr. No.	025 29 SA No. 22/2024
Classifi cation	No. of Exh.
		SECURITISATIONS APPLICATION NO. 22/2024. Mr. Yogesh S/o Krushndas Somwanshi and Anr. ..Applicants Versus Motilal Oswal Home Finance Ltd and Anr. ..Respondents None for the applicants Mr. Kedar Balbhim R.–Advocate for the respondents. 1. The learned counsel for respondent filed pursis and submitted that during the pendency, the applicants have submitted OTS proposal with the respondent finance company which has been accepted by the finance company. Applicants have paid the entire outstanding amount of loan as per OTS, and as such the account of the applicant is settled. Therefore the respondent wants to dispose of the Securitization application No. 22 of 2024. 2. Heard. 3. In view of the amicable settlement between the parties under OTS, I pass the following order. ORDER
		A. The S.A. No. 22 /2024 stands disposed of as withdrawn.
		B. Pending Interlocutory Applications, if any stands disposed off. C. Consign the file to the Record Room.
		(Dr. J.R. Chauhan) Presiding Officer Debts Recovery Tribunal, Aurangabad

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[Ambadas] (SA No.22/2024) Page 1 of 1

Mr Yogesh S/O Krushndas Somwanshi v. Motilal Oswal Home Finance Limited

Case brief

What is this about?

What did the court decide?

Mr Yogesh S/O Krushndas Somwanshi v. Motilal Oswal Home Finance Limited

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Parties & counsel

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Case details

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