Disposed
Amrik Singh v. Au Small Finance Bank Limited
DRTSA/435/2024
Case brief
AI extract
What is this about?
The Debt Recovery Tribunal fixed possession of secured assets pending a One Time Settlement payment. The bank agreed to defer possession if the second installment was paid by 17.02.2025. The application was disposed of on these terms, allowing the applicant time to fulfill the settlement obligation.
What did the court decide?
Possession of secured assets deferred pending payment of the second OSI installment by 17.02.2025; application disposed subject to this condition.