Shekhar Builders and Developers v. Godavari Laxmi Co-Operative Bank Ltd.
Case brief
What is this about?
The Debts Recovery Tribunal dismissed the Securitisation Application (SA No. 56/2022) in default due to non-prosecution, pending IA vacated, and file consigned to the record room.
What did the court decide?
Securitisation Application No. 56/2022 stands dismissed in default for non-prosecution; interim stay vacated.