The Debts Recovery Tribunal disposed of Securitisation Application No. 72/2025, held to be infructuous as the respondent bank had not taken action under the SARFAESI Act. Pending IA was disposed of.
The applicant was granted liberty to restore the application if the bank takes action under the SARFAESI Act in the near future.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)
ORDER SHEET
| 03.09. Sr. No |
2025 .40 SA No. 72/2025 |
|
|---|---|---|
| Classifi cation |
No. of Exh. |
|
| SECURITISATIONS APPLICATION NO. 72/2025. Varsha Vikram Gajhans. ..Applicant Versus Prerna Nagari Sahakari Bank Ltd. and Ors. ..Respondents |
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| Mr. Anil P. Kale - Advocate for applicant. Mr. Kamlakar J. Suryawanshi - Advocate for defendants. 1. The learned counsel for respondent submitted orally that bank has not yet taken any action under SARFAESI Act, |
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| hence, this SA has become infructuous. Therefore the respondent wants to dispose of the Securitization application No. 72 of 2025. 2. Heard. 3. In view of statement made by advocate for defendant bank, I pass the following order. ORDER |
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| A. The S.A. No. 72/2025 stands disposed of with a liberty to get restored the SA, if any action is taken by the bank under SARFAESI Act in near future. B. Pending Interlocutory Applications, if any stands disposed off. C. Consign the file to the Record Room. |
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(Dr. J.R. Chauhan) Presiding Officer Debts Recovery Tribunal, Aurangabad |
[Ambadas] (SA No.72/2025) Page 1 of 1
Varsha Vikram Gajhans
Prerna Nagari Sahakari Bank Ltd. and Ors.
Dr. J.R. Chauhan
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
