The Securitization Application was disposed of as infructuous after the respondent bank submitted that the underlying account had been closed.
Securitization Application disposed of as infructuous.
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Item No. 49
Court of the Presiding Officer Debts Recovery Tribunal, Jaipur
Case No. SA/23/2025
MS BALAJI FOODS PRODUCT MANUFACTURER AND ANOTHER Vs STATE BANK OF INDIA
Date: 06.03.2026.
Proceedings through hybrid mode
Present:
Shri Kapil Kumar Kumawat, Counsel for the Applicant
Shri Kirti Kapoor, Counsel for the Respondent Bank/FI
Ld. Counsel for the respondent bank submitted that account stands closed and he prayed that the SA may be disposed of as infructuous.
Considering the submissions made by Ld. Counsel for the respondent bank, 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
MS Balaji Foods Product Manufacturer and Another
State Bank of India
Vimal Gupta
As recorded by the court registry
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