The Debts Recovery Tribunal, Jaipur disposed of a securitization application filed by an absent applicant as infructuous because the respondent bank submitted that the account stood closed, without any representation from the applicant.
Securitization Application disposed of as infructuous.
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Court of the Presiding Officer Debts Recovery Tribunal, Jaipur
Item No. 27
Case No. SA/552/2024
SHRI KANHAIYA LAL GANDHI Vs PAISALO DIGITAL LIMITED Date: 08.04.2025.
Proceedings through hybrid mode
Present:
None for the Applicant
Shri Yash Pal Garg, Counsel for the Respondent Bank/FI
Ld. Counsel for the respondent bank submitted that account stands closed.
Considering the submissions made by Ld. Counsel for the respondent bank and also considering the fact that none appeared on behalf of the SA applicant, this Securitization Applications 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
Shri Kanhaiya Lal Gandhi
Paisalo Digital Limited
Vimal Gupta
As recorded by the court registry
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