Debts Recovery Tribunal dismissed a securitization application challenging the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act proceedings of the respondent bank for obtaining physical possession of secured property.
The Securitization Application was dismissed. Pending interlocutory applications closed.
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 DEBTSRECOVERY TRIBUNAL - II AT HYDERABAD
DATED THISTHE OTTH DAYOF OCTOBER,2025
PRESENT: SH.RAMESHWAR KOTHE,B.com, L'LB' (Hons), Nl A' PRESIDING OFFICER
SecuritizatlonApplication No.287 OF 2024
Mr. Arram Srinivas,S/o Nagabhushanam Aged about 50 Years,Occ:Business R/o Flat No.203,SecondFloor Viiav Arcade,Mangapuram New Housing Colony ui:erpet, Kapra circle,UPPaIMandal Ranga ReddyDistrlct 500040
.. .....ApPlicant.
Versus
Bajaj HousingFinance Limited ReD bv its authorizedofficer Situated at 2ndFloor, Flat No.2023 Office No.3A& 38, Aditya Trade Centre Above PassPortOffice, AmeerPet Hyderabad 500038
....Respondent'
Counsel forthe Applicants : Mr' D' Raghavulu
Counsel for Respondent: Mr' S' Nagesh ReddY
-r O-B-D-E-B:-
page 2 of4
SA No.2A7 lAo24
Page 3 of 4
SA No'2A7 12024
ii) To what relieP
Point I{o.(i):
AK"
Page 4 of 4
SANo.2g7l20Z4
Point No.(ii):
L2. Communicate a copy of this order to the parties concerned and upload in the official website.
(Typed .to my dictotion by the ps, corrected, signed dnd pronounced by me in the open court on this the o/ day of october, 2o2s).
ESHWAR KOTHE) PRESIDING OFFICER
3 issues framed by the court
Whether the applicant made out any valid ground to set aside the measures taken by the respondent under Section 13(2) and 13(4) of the Act and the action to take physical possession.
Whether the demands and notices were duly served and published as required.
Whether the applicant is liable to be dismissed in the securitization application.
4 provisions across 2 enactments
Arram Srinivas
Bajaj Housing Finance Limited
Rameshwar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
