Application allowed. Property auctioned and sale certificate issued; Securitization Application dismissed as infructuous by Presiding Officer.
Securitization Application stands disposed of as infructuous.
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Court of the Presiding Officer Debts Recovery Tribunal, Jaipur
Item No. 22
Case No.SA/64/2024
NARESH VAISHNOV AND ANR Vs ICICI BANK LIMITED
Date: 22.07.2025.
Proceedings through hybrid mode Present:
None for the Applicant
Shri Abhishek Bhandari, Counsel for the Respondent Bank/FI along with Ms. Priyanka Pareek, Legal Manager
In this matter, counsel for the respondent bank submits that they have already auctioned the property and no challenge is being made to the auction.
According to the counsel for the respondent bank, the entire securitization proceedings have completed including issuance and registration of the sale certificate and handing over the possession.
In view of the above, this Securitization Application 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
NARESH VAISHNOV AND ANR
ICICI BANK LIMITED
As recorded by the court registry
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