Application challenging section 13(2) SARFAESI action disposed as infructuous due to withdrawal of action by respondent bank.
Securitisation Application disposed off as infructuous. Pending interlocutory applications disposed off.
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IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET
| 28.04.2 Sr. No. |
025 22 SA No. 268/2024 |
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| Classifi cation |
No. of Exh. |
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| SECURITISATION APPLICATION NO. 268/2024 | ||
| Mohammad Ansar Haji Mohammad Usaman Shaikh & others ..Applicants Versus Cholamandalam Investment & Finance Company Limited & others ..Respondents Mr. R.D. Sakhare – Advocate for the applicants. Mr. U.N. Shete - Advocate for the respondent nos.1 and 2. 1. In this matter the measures taken by the respondent on 26.06.2023 under section 13(2) of the SARFAESI Act has been challenged. |
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| 2. The learned counsel appearing for the |
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| respondent submits that they have withdrawn the action under section 13(2) of the SARFAESI Act. Accordingly this Securitisation Application |
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| has become infructuous. Accordingly, this Securitisation Application be disposed off. 3. In this matter the applicant further submits that he has challenged the action of the respondent bank under securitisation however there is |
[SBJ] (SA No.268/2024) Page 1 of 2
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)
ORDER SHEET
nothing in his Securitisation Application challenging the said action. The respondent bank has already withdrawn the said action. 4. In view of the above submission of the learned counsel for the respondent, I pass the following order. ORDER A. The Securitisation Application No.268/2024 stands disposed off as infructuous. B. Accordingly, all the pending Interlocutory Applications stand disposed off. C. File be consigned to the record room. Sd/- (Dr. J.R. Chauhan) Presiding Officer Debts Recovery Tribunal, Aurangabad
[SBJ] (SA No.268/2024) Page 2 of 2
Mohammad Ansar Haji Mohammad Usaman Shaikh
Cholamandalam Investment & Finance Company Limited
Dr. J.R. Chauhan
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
