Disposed
Sweeta a Valiyani v. Tata Capital Financial Services Limited
DRTSA/1/2026
What the court decided
AI extract
Outcome
Disposed
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| 05.01.2026 | Exh. | Roznama-MDRT-II S.A. No.1 of 2026 |
Next date |
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| Mr Rupak Sawangikar and Ms Saraswati Rajpurohit, Advocates for the Applicants. Mr R.L. Motwani, Advocate for Respondent. |
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| 10 11 |
Reply affidavit (exhibit-10) to I.A. No.2869 of 2025 filed by Ld. Advocate for Respondent. During the course of arguments, Ld. Advocate for the Applicants submit that the Applicants wish to settle the matter with the Respondent. Accordingly, the Applicants filed undertaking (exhibit-11) stating that the Applicants ready and willing to make the payments of Rs.25,93,055/- being the overdue amount to Respondent No.1 on 06.01.2026 before 11:30 a.m. subject to deferring the possession of the residential house of the Applicants. The |
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| Applicants further undertake to withdraw the present S.A. and the |
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| Respondents agree to withdraw the | |||
| proceedings before the Hon’ble Ahmedabad Court as mentioned in the |
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| Undertaking. The Applicant further | ||
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| rst - 01 | stated that in case of default, the Applicants undertake to handover the possession of the subject property. The undertaking given by the Applicant is accepted. So, in view of undertaking filed above, possession fixed for 06.01.2026 be deferred subject to condition mentioned in Undertaking (exhibit-11) failing which the Applicant shall handover the physical vacant possession of the subject property to the Respondent and the Respondent would be at liberty to take appropriate measures under the SARFAESI Act. I.A. No.2869 of 2025 stands disposed of. Accordingly, S.A. No.1 of 2026 stands disposed of. File be consigned to the Record Room after due compliance. Sd/- P.O. DRT-II |
Closed |
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Applicants
Respondent
As recorded by the court registry
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