Dismissed
Yas Electricals and Applicances through Its Proprietor Mohd Sayeed v. Sbfc Finance Private Limited
DRTSA/920/2025
What the court decided
AI extract
Outcome
Dismissed
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DEBTS RECOVERY TRIBUNAL LUCKNOW
| Dateof order or >roceeding |
i Order withsignatureof court I |
I Officeaction Itakenwithdate |
|---|---|---|
| SA.No.920/2025 28.11.2025 SI No.28 |
Ld. Counsels forboththeparties arepresent. Ld. Counsel for the applicantis moving IA No.4448/2025 forearly hearing and IA No.4447/2025for interimstayinorder tostaye-auction scheduled on 30.11.2025. Admittedly, applicantis third party andborrower andco-borrowerorguarantorsarenot pursuing the SA. Applicant isclaiming to be third party. I find that applicant has got separate causeof actionand hemay file separate SA for the same.He cannot enter in the SA without permission of original borrower as originalapplicanthave paidcourtfee forthe same, accordingly, the SAis dismissed Let thefilebeconsignedto recordroom Order be uploaded on the Tribunal’swebsite. (Dictated) (Pravas L__ ir Singh) Presiding-Officer (Veeresh |
Applicant
Pravas Lal Singh
As recorded by the court registry
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