Securitization Application filed by a borrower against a housing finance company seeking to quash proceedings under Section 13(4) of the SARFAESI Act, including possession. The Tribunal dismissed the application, finding no violation of the Act.
Securitization Application dismissed; Interlocutory Applications pending stand 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 THEDEBTSRECOVERY TRIBUNAL - II AT HYDERABAD DATED THISTHE 28TH DAY OF AUGUST'2025
PRESENT:SH' RAMESHWAR KOTHE' B'Com' L'LB' (Hons')' M'A' PRESIDINGOFFICER
SecuritizationApplication No'30OF 2023
Ch Chittamma W/o ChaYYaKumar n""O +iyears, Occ:Business,Female ri]No.o-rgz,DwarakapuriHousing Colony. ijnintur,qilrbullapur Mandal,Ranga Reddy
.......APPlicant.
Versus
LIC HousingFinance Ltd #201, zndFloore, Krishe saPPhire Hi-tech CitYRoad, MadhaPur Hvderabad Rep bYits AuthorizedOfficer
^. . ResPondent
: Mr. T.ViiaY Kumar Counselfor the APPlicant : Mr. HariPrasad Podila Counselfor ResPondent
-:ORDER:-
Page 2 of3
sA No.30/2023
issuing any possession notice, respondent obtained advocate commissioner warrant to take physical possession of the property hence this SA.
ii) To what relief?
Page3 of3
sA No'30/2023
asset.The statement of account reflects severalentries of bounce charges,late paymentfee' penalties etc" and hence the applicant cannotbe permitted to questionthe classiflcationof account as NPA'
PoiE! il-e,lji}
8.In the result, the Securitization Applicationfails and is hereby dismissed'
(Typed to mydictotion by tll Ps' conected'signed ond pronounced by me in theopencourt on this tie zdnaoY ol august,2025)'
/try,*'' rnr{#nw"an^[o-]lt5l pnesrornc oFFrcER
1 issue framed by the court
Whether the applicant made out any valid ground to quash the action of respondent bank in taking physical possession of the application schedule property?
4 provisions across 1 enactments
Ch Chittamma W/o ChaYYa Kumar
LIC Housing Finance Ltd
Rameshwar Kothé
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
