The Debts Recovery Tribunal dismissed the SARFAESI application as infructuous after the respondent bank informed the tribunal that the entire SARFAESI action against the applicant had been withdrawn, vacating any interim orders.
SARFAESI application dismissed as infructuous following withdrawal of action by the respondent bank.
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DEBTS RECOVERY TRIBUNAL, PAlNA
| Date of order or proceeding |
SA 348 of2022 Order with the Signature of the Court |
Office action taken with date |
|---|---|---|
| 11.07.2025 | Ld. Counsels for the parties are present Ld. Counsel for the respondent bank has informed that entire SARFAESI action against the applicant has been withdrawn by the respondent bank. In the aforesaid statement on behalf of the bank, the SARFAESI application has become infructuous and it is dismissed accordingly. Interim order, if any, stands vacated. File be consigned to record room. Order be uploaded on the Tribunal's website. V (KaushalendraYadav) Presiding Officer Patna |
Applicant
Respondent Bank
Kaushalendra Yadav
As recorded by the court registry
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