Application regarding release of securitized NPV paper disposed. Court directed respondent bank to release property paper within four weeks after account closure and NOC issuance.
Directed respondent bank to release property paper to applicant within four weeks from today.
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Court of the Presiding Officer Debts Recovery Tribunal, Jaipur
Item No. 34
Case No.SA/220/2024
VIJAY AHUJA Vs ALTUM CREDO HOME FINANCE PRIVATE LIMITED
Date: 06.08.2025.
Proceedings through hybrid mode
Present:
Shri Akshat Kulshreshtha, Counsel for the Applicant
Shri Vikram Singh, Counsel for the Respondent Bank/FI
Ld. Counsel for the respondent bank submitted that account stands closed and the bank has issued NOC.
Considering the submissions made by Ld. Counsel for the respondent bank, this Securitization Application stands disposed of.
The respondent bank is directed to release the property paper to the borrower/application within four weeks from today.
File be consigned to record, as per rules. Copy of order be uploaded on website.
(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Jaipur
VIJAY AHUJA
ALTUM CREDO HOME FINANCE PRIVATE LIMITED
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
