The Debts Recovery Tribunal-II Delhi heard a special appeal for directions to sell mortgaged inventory in vide conferencing mode. As the applicant failed to appear and their counsel indicated lack of interest, the Tribunal dismissed the appeal in default.
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Debts Recovery Tribunal-Il, Delhi
sAl227l2O24
UNILEC ENGINEER LTD Vs STATE BANK OF INDIA
22.09.2025
Item no.49
Present: None for applicant Ms. Shweta Saini, Counsel for respondent bank
Matter is taken through Video Conferencingl Hybrid Mode.
The Ld. Counsel for respondent bank submitted that she has filed an IA No. L78412025 dated 2L.06.2025 seeking necessary directions and further permission to sell the valuable items/inventories in the mortgaged propety.
The Ld. Counsel for respondent bank is directed to take action as per provision contained in the SARFAESI Act and the respondent bank may be disposed of asper law.
None appeared on behalf of the applicant. None appeared today. It appears that the applicants are not interested inpursuing the case. Hence, thepresent SA is dismissed in default fornon- prosecution.
File be consigned to records.
(susHrl ruu(n RASToGI) PRESIDING OFFICER DRT-II, Delhi
1 issue framed by the court
Whether the Special Appeal disposed of in default due to non-appearance of the applicant will be remanded or dismissed.
UNILEC ENGINEER LTD
STATE BANK OF INDIA
RASTOGI PRESIDING OFFICER
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
