In a Securitization Application, the Debts Recovery Tribunal disposed of the matter after the applicant claimed full repayment of a housing loan and the bank confirmed repayment and restoration of possession, reserving its right to act on other loan accounts.
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Court of the Presiding Officer Debts Recovery Tribunal, Jaipur
Item No. 13
Case No.SA/623/2022
RAMESH SABHARWAL Vs ICICI BANK LIMITED
Date: 22.07.2025.
Proceedings through hybrid mode Present:
Shri Ramnaresh Vijay, Counsel for the Applicant
Shri Abhishek Bhandari, Counsel for the Respondent Bank/FI
In this matter, counsel for the applicant submits that they have repaid the liabilities under housing loan. Counsel for the respondent bank submits that bank confirms the same and also submitted that possession has also been restored.
Counsel for the respondent bank submits that there are other loan accounts of the applicant.
The bank will be at liberty to proceeding as per law if limitation is available in these accounts.
In view of the above, this Securitization Application stands disposed of. File be consigned to record, as per rules. Copy of order be uploaded on website.
(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Jaipur
RAMESH SABHARWAL
ICICI BANK LIMITED
Vimal Gupta
As recorded by the court registry
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