DRT disposed of a Securitization Application due to the applicant's absence and trespass on the property, noting the auction had failed previously.
Application disposed of; cost of Rs. 25,000 imposed on applicant.
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Court of the Presiding Officer Debts Recovery Tribunal, Jaipur
Item No. 34
Case No.SA/296/2023
TOLA RAM AND ANR Vs JANA SMALL FINANCE BANK LTD
Date: 26.08.2025.
Proceedings through hybrid mode Present:
None for the Applicant
Ms. Kratika Sharma, Counsel for the Respondent Bank/FI
In this matter, counsel for the applicant has not appeared and counsel for the respondent bank submits that auction which was challenged has failed in the year 2023 itself. The applicant has trespassed the property, therefore, it is obvious that they are not appearing in this Securitization Application, therefore, this Securitization Application stands disposed of with a cost of Rs. 25,000/- to be paid to the DRT Bar Association, Jaipur.
File be consigned to record, as per rules. Copy of order be uploaded on website.
(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Jaipur
Tola Ram and Anr
Jana Small Finance Bank Ltd
Vimal Gupta
As recorded by the court registry
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