The DRT dismissed the Securitisation Application No. 406/2024 filed by M/s Marathwada Krushi Seva Kendra in default due to non-prosecution by the applicants who did not appear.
Securitisation Application dismissed in default for non-prosecution. Pending IAs disposed of accordingly and interim stay vacated.
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
22.07.2025
Sr. No.19 SA No. 406/2024
SECURITISATIONS APPLICATION NO. 406/2024.
M/s Marathwada Krushi Seva Kendra and ..Applicants
two Ors.
Versus
Union Bank of India and another. ..Respondents
None for the applicants
Mr Atul A. Mishra - Advocate for defendants.
1. In this matter, nobody is appearing to conduct the
proceeding for applicants. Earlier also nobody has appeared.
2. Today also none appeared for the applicants. It appears that
the applicants are not interested in prosecuting the matter.
3. In view of the above, I pass the following order.
ORDER
A. The Securitisation Application No. 406/2024 stands
dismissed in default for non-prosecution.
B. Pending IA’s in the proceeding, if any, are disposed of
accordingly. The interim Stay, if any also stands vacated.
C. File be consigned to the record room.
(Dr. J.R. Chauhan)
Presiding Officer
Debts Recovery Tribunal, Aurangabad
Classifi cation No. of Exh.
[Ambadas] (SA No.406/2024) Page 1 of 1
M/s Marathwada Krushi Seva Kendra and two Ors.
Union Bank of India and another
Dr. J.R. Chauhan
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
