Disposed
Garden Paper v. Hdb Financial Services Ltd.
DRTSA/357/2025
Case brief
AI extract
What is this about?
The Debts Recovery Tribunal disposed of a securitization application after the respondent bank withdrew its notice under Section 13(2). The bank was at liberty to initiate fresh proceedings, and the deceased applicant could be represented by legal representatives.
What did the court decide?
Securitization application disposed; withdrawal of notice under Section 13(2); respondent bank at liberty to perform fresh securitization proceedings.