In SA No. 256/2024, the Debts Recovery Tribunal dismissed a securitisation application for non-prosecution. The applicant did not appear, and the tribunal found the applicant uninterested in pursuing the matter.
Securitisation Application No. 256/2024 dismissed in default for non-prosecution; interim stay vacated.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET
08.08.2025
Sr. No.32 SA No. 256/2024
SECURITISATION APPLICTION NO. 256/2024.
Mr Kailash Narayan Venkatraman ..Applicant
Versus
State Bank of India and Ors ..Respondents
None for the applicant.
Mr. Jethliya Dhiraj R. – Advocate for respondents.
1. In this matter, nobody is appearing to conduct the
proceeding for applicant.
2. Today, none appeared for the applicant. It appears that the
applicant is not interested in prosecuting the matter.
3. In view of the above, I pass the following order.
ORDER
A. The Securitisation Application No. 256/2024 stands
dismissed in default for non-prosecution.
B. Pending IA’s in the proceeding, if any, are disposed of
accordingly. The interim Stay, if any also stands vacated.
C. File be consigned to the record room.
(Dr. J.R. Chauhan)
Presiding Officer
Debts Recovery Tribunal, Aurangabad
Classifi cation No. of Exh.
[Ambadas] (SA No. 256/2024) Page 1 of 1
Kailash Narayan Venkatraman
State Bank of India and Ors
Dr. J.R. Chauhan
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
