In a disposal of a securitization application, the tribunal noted that the bank counsel confirmed the account was settled, effectively disposing of the redundant proceeding due to the settled status.
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Court of the Presiding Officer Debts Recovery Tribunal, Jaipur
Item No. 22
Case No. SA/457/2022
OM PRAKASH SHARMA Vs MENTOR HOME LOANS INDIA LIMITED
Date: 17.04.2025.
Proceedings through hybrid mode
Present:
Shri Anil Kumar Sharma, Counsel for the Applicant
Shri Hemant Sharma, Counsel for the Respondent Bank/FI
In this matter, counsel for the applicant submits that he is not in contact with his client. But, counsel for the respondent bank submits that the account stands settled and closed.
Considering the submissions made by Ld. Counsel for the respondent bank, this Securitization Application stands disposed of as infractuous.
File be consigned to record, as per rules. Copy of order be uploaded on website.
(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Jaipur
OM PRAKASH SHARMA
MENTOR HOME LOANS INDIA LIMITED
Vimal Gupta
As recorded by the court registry
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