The Presiding Officer of the Debts Recovery Tribunal, Jaipur, dismissed the securitization application filed by the applicant against the respondent bank, noting that the applicant had suppressed material facts regarding a pending consumer commission order.
Securitization application dismissed with cost of Rs. 10,000/-.
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Court of the Presiding Officer Debts Recovery Tribunal, Jaipur
Item No. 65
Case No.SA/621/2023
DILIP KUMAR PAHAD Vs SRG HOUSING FINANCE LIMITED
Date: 23.07.2025.
Proceedings through hybrid mode Present:
Shri Mukesh Chandra Sharma, Counsel for the Applicant
Ms. Praneeta Agarwal, Counsel for the Respondent Bank/FI
In this matter, counsel for the respondent bank has pointed out that in the year 2021 the applicant herein had approached the Consumer Commission and obtained an order against the respondent bank. The Consumer Commission also ordered for handing over the possession to the applicant herein which is under challenged.
The applicant is guilty of suppressing the material facts and has made a specific averment that no other matter is pending in respect of the said cause of action.
In view of the above, this Securitization Application stands dismissed with cost of Rs. 10,000/-.
File be consigned to record, as per rules. Copy of order be uploaded on website.
(Vimal Gupta) Presiding Officer
Debts Recovery Tribunal, Jaipur
DILIP KUMAR PAHAD
SRG HOUSING FINANCE LIMITED
Vimal Gupta
As recorded by the court registry
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