The Debts Recovery Tribunal disposed of Securities Application No.309/2025 after the respondent claimed possession of secured assets and non-compliance with previous orders, allowing fresh application if action is initiated.
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 DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET
| 2 S |
7.10. r. No |
2025 .10 SA No.309/2025 |
|---|---|---|
| Classifi cation |
No. of Exh. |
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| SECURITIZATION APPLICATION No.309/2025 | ||
| Bhagwan Rambhau Kaware & another ..Applicant/s Versus Altum Credo Home Finance Private Limited & others. ..Respondent/s |
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| Mr. Ambadas Sopanrao Jadhav - Advocate for the applicant. |
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| Mr. Umesh N. Shete - Advocate for the respondent. |
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| 1. In this matter the learned counsel for the | ||
| respondent bank submitted that it has filed | ||
| Pursis on 12.06.2025 Exhibit-05 submitting | ||
| that the respondent has already taken possession of the secured asset on 21.05.2025 and as such the present SA has become |
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| infructuous**.** | ||
| 2. It is further submitted by the learned counsel | ||
| for the respondent that the applicants have not complied with the orders of this Tribunal dated 25.04.2025. |
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| 3. In view of the above submissions of the |
[SBJ] (SA No.309/2025) Page 1 of 2
| IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET |
|---|
| counsel of the respondent, I pass the |
| following order. ORDER |
| A. The Securitisation Application No.309/2025 is disposed of. |
| B. However, the applicants are at liberty to file fresh Securitisation Application, if the respondent initiates the action against them. C. All the pending Interlocutory Applications, if any, stands disposed of. D. File be consigned to the record room. Sd/- (Dr. J.R. Chauhan) Presiding Officer Debts Recovery Tribunal, Aurangabad |
[SBJ] (SA No.309/2025) Page 2 of 2
Bhagwan Rambhau Kaware
Altum Credo Home Finance Private Limited
Dr. J.R. Chauhan
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
