This is a single-line order regarding a fresh Securitization Application. The presiding officer issued notice to the respondent to file a reply before the asset sale date and directed the applicant to file proof of service.
Notice issued to respondent by registered post and personal service to file reply; applicant directed to file proof of service.
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DEBTS RECOVERY TRIBUNAL-III, CHANDIGARH
ITEM NO. 23
SA/41/2026 M/S ESHAN YARN PVT. LTD. Vs UNION BANK OF INDIA
22.01.2026
Present: Ms. Ashmita Goel, Advocate for Applicant (through VC)
This fresh SA has been placed before me today.
Heard. This Securitization Application was filed under section 17(1) of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, for setting aside all actions taken by the respondent under the provisions of the above said Act.
Ms. Ashmita Goel, Advocate appeared through video conferencing and prayed for issuance of notice to respondent. It was further submitted that sale of the secured asset is fixed for 28.01.2026, therefore date may be fixed before it.
Let notice be issued to respondent by way of registered post and personal service for filing reply.
Applicant is directed to collect notice and ensure service upon respondent and file proof of service in the shape of affidavit.
Put up on 28.01.2026 for arguments.
(MRIDULESH KUMAR SINGH) Presiding Officer DRT-III, Chandigarh
1 provisions across 1 enactments
M/s Eshan Yarn Pvt. Ltd.
Union Bank of India
Mridulesh Kumar Singh
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
