In a securitization application regarding a closed loan account, the Debts Recovery Tribunal ordered the respondent bank to issue a No Objection Certificate and return original title documents within 15 days.
Directed the respondent bank to issue NOC and return original title documents within 15 days.
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Court of the Presiding Officer Debts Recovery Tribunal, Jaipur
Item No. 21
Case No. SA/62/2026
RAM KISHAN GEHLOT Vs MENTOR HOME LOANS INDIA LIMITED
Date: 18.06.2026.
Proceedings through hybrid mode
Present:
Shri Devendra Sharma, Counsel for the Applicant
Shri Nilesh Mathur, Counsel for the Respondent Bank/FI
Ld. Counsel for the applicant submitted that account stands closed and the same is confirmed by the counsel for the applicant. Counsel for the prayed that the respondent bank may be directed to issue NOC and return the original title documents.
Considering the submissions made by Ld. Counsel for the SA applicant, this Securitization Application stands disposed of.
The respondent bank is directed to issue NOC and return the original title documents to the applicant/borrower within 15 days from today.
File be consigned to record, as per rules. Copy of order be uploaded on website.
(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Jaipur
1 issue framed by the court
Whether the respondent bank is directed to issue No Objection Certificate and return original title documents upon loan closure.
RAM KISHAN GEHLOT
MENTOR HOME LOANS INDIA LIMITED
Vimal Gupta
As recorded by the court registry
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