The Debts Recovery Tribunal disposed of a securitization application as infructuous based on the respondent bank's submission that the underlying account was closed.
The Securitization Application (SA) was disposed of as infructuous.
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Court of the Presiding Officer Debts Recovery Tribunal, Jaipur
Item No. 43
Case No. SA/562/2022
M S BHURRAK TRADERS Vs STATE BANK OF INDIA
Date: 06.08.2026
Proceedings through hybrid mode Present:
Shri Kailash Tailor, Counsel for the Applicant
Shri Anil Kumar Sharma, 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
M S BHURRAK TRADERS
STATE BANK OF INDIA
Vimal Gupta
As recorded by the court registry
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