Disposed
Smt Chunni Bai v. C F M Asset Reconstruction Private Limited
DRTSA/285/2022
Case brief
AI extract
What is this about?
In a securitization application before the Debts Recovery Tribunal, Jaipur, the applicant claimed prior mortgage status while the respondent offered to deposit Rs. 3.00 lac pending before a Civil Court. The tribunal disposed of the application allowing the respondent to proceed, noting the deposit decision lies with the Civil Court.
What did the court decide?
Securitization Application disposed; respondent bank at liberty to proceed; deposit decision reserved for Civil Court.