In a securitization application under the NDRT Act, the Tribunal dismissed the matter because the applicant did not appear and the respondent bank submitted that the account was closed and the matter settled.
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.
Court of the Presiding Officer Debts Recovery Tribunal, Jaipur
Item No. 69
Case No. SA/476/2024
SH ANIL GAHALWAT Vs AU SMALL FINANCE BANK LIMITED Date: 19.03.2025.
Proceedings through hybrid mode
Present:
None for the Applicant
Shri Ayush Kumar Jain, Counsel for the Respondent Bank/FI
Ld. Counsel for the respondent bank submitted that matter has been settled and account stands closed.
In view of the above submissions, this Securitization Application stands disposed off.
File be consigned to record, as per rules. Copy of order be uploaded on website.
(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Jaipur
SH ANIL GAHALWAT
AU SMALL FINANCE BANK LIMITED
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
