This is a default disposal order in SA/311/2025. The applicant Rakesh Nai failed to appear for a Securitization Application before the Debts Recovery Tribunal, Jaipur. The adjudicating officer dismissed the application in default due to the absence of the applicant.
Securitization Application dismissed in default due to non-appearance by the applicant.
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.
Court of the Presiding Officer Debts Recovery Tribunal, Jaipur
Item No. 42
Case No.SA/311/2025
RAKESH NAI Vs DCB BANK LIMITED
Date: 05.12.2025.
Proceedings through hybrid mode Present:
None for the Applicant
Ms. Kratika Sharma, Counsel for the Respondent Bank/FI
Today, none appeared on behalf of the applicant despite passover, therefore, this Securitization Application stands dismissed in default.
File be consigned to record, as per rules. Copy of order be uploaded on website.
(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Jaipur
RAKESH NAI
DCB BANK LIMITED
Vimal Gupta
As recorded by the court registry
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