The Debt Recovery Tribunal disposed of a Securitization Application as infructuous because the applicant was absent and the respondent bank submitted that the account was closed.
Securitization Application disposed of as infructuous.
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Item No. 65
Court of the Presiding Officer Debts Recovery Tribunal, Jaipur
Case No.SA/249/2025
MR LAXMAN SINGH JAJUNDA Vs MENTOR HOME LOANS INDIA LIMITED
Date: 17.10.2025.
Proceedings through hybrid mode
Present:
None for the Applicant
Shri Nirmal Verma, Counsel for the Respondent Bank/FI
Ld. Counsel for the respondent bank submitted that account stands closed and he prayed that the SA may be disposed of as infractuous.
Considering the submissions made by Ld. Counsel for the respondent bank and also considering the fact that none appeared on behalf of the SA applicant, this Securitization Application stands disposed of as infractuous.
File be consigned to record, as per rules. Copy of order be uploaded on website.
(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Jaipur
MR LAXMAN SINGH JAJUNDA
MENTOR HOME LOANS INDIA LIMITED
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
