The DRT disposed of a Securitization Application as infructuous, noting that the matter was settled and the remaining dues would be deposited within two and a half months.
Securitization Application disposed of as infructuous.
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Court of the Presiding Officer Debts Recovery Tribunal, Jaipur
Item No. 55
Case No.SA/261/2025
ARJUN LAL SHARMA Vs RELIANCE ASSET RECONSTRUCTION COMPANY LIMITED
Date: 18.09.2025.
Proceedings through hybrid mode
Present:
Shri Lalit Kishore Joshi, Counsel for the Applicant
Shri Shubham Garg, Counsel for the Respondent Bank/FI
Ld. Counsel for the applicant submitted that the matter is settled and some settlement amount has been paid and remaining amount will be deposited by the applicant within two and a half month.
Considering the submissions made by Ld. Counsel for the 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
Arjun Lal Sharma
Reliance Asset Reconstruction Company Limited
Vimal Gupta
As recorded by the court registry
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