Application dismissed for non-prosecution. Interlocutory applications disposed. Bank free to proceed against borrower.
Respondent bank is at liberty to proceed further against the borrower as per law.
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
| 28.04.2 Sr. No. |
025 38 SA No. 414/2024 |
|
|---|---|---|
| Classifi cation |
No. of Exh. |
|
| SECURITISATION APPLICATION NO. 414/2024 | ||
| Shriram Narayan Venkatram ..Applicant Versus Indusind Bank Limited & another ..Respondents None for the applicant. Mr. U.N. Shete - Advocate for the respondents. |
||
| 1. None present on behalf of the applicant. No compliance has been made by the applicant. 2. In this matter the counsel for the respondent bank filed Interlocutory Application Diary No.822/2025 for clarification of the order passed by this Tribunal on 15.01.2025. 3. The matter is adjourned for filing reply. |
||
| 4. The counsel for the respondent bank submitted | ||
| that this Tribunal had directed the respondent no.1 to settle the loan account at the earliest, it meant that the account should be settled by end of March-2025. |
||
| 5. I have heard the learned counsel for the respondent bank. |
||
| 6. In view of the above submission of the learned |
[SBJ] (SA No.414/2024) Page 1 of 2
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET
counsel for the respondent, I pass the following order.
ORDER
A. The Securitisation Application No.414/2024 stands dismissed in default for non-prosecution.
B. Accordingly, all the pending Interlocutory Applications stand disposed off.
C. The respondent bank is at liberty to proceed further against the borrower as per law.
D. File be consigned to the record room. Sd/- (Dr. J.R. Chauhan) Presiding Officer Debts Recovery Tribunal, Aurangabad
[SBJ] (SA No.414/2024) Page 2 of 2
Shriram Narayan Venkatram
Indusind Bank Limited
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
