The Debts Recovery Tribunal declared a Securitization Application infructuous and disposed of the matter following a submission that a settlement was reached and the account stands closed.
The Securitization Application stood disposed of as infructuous.
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Court of the Presiding Officer Debts Recovery Tribunal, Jaipur
Supp.Item No. 02
Case No. SA/1001/2025
MADAN LAL SUMAN Vs AU SMALL FINANCE BANK LTD.
Date: 27.03.2026 Proceedings through hybrid mode Present:
Shri K K Jain, Counsel for the Applicant
Ms. Prerna Pathak, Proxy Counsel for the Respondent Bank/FI
Ld. Counsel for the applicant submitted that settlement has been arrived at and account stands closed.
Considering the submissions made by Ld. Counsel for the SA applicant, this Securitization Application stands disposed of as infructuous.
File be consigned to record, as per rules. Copy of order be uploaded on website.
(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Jaipur
Madan Lal Suman
AU Small Finance Bank Ltd.
Vimal Gupta
As recorded by the court registry
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