This order deals with the disposal of a Securitization Application under the Recovery of Debts and Bankruptcy Act, 1993 or relevant recovery mechanisms before the Debts Recovery Tribunal, Jaipur. The Applicant, Jyoti Tamboli, filed the application against the Respondent, HDB Financial Services Limited. During the proceedings conducted in hybrid mode, the Learned Counsel for the respondent bank submitted that the underlying account had been settled and was closed. Accepting this submission, the Presiding Officer Vimal Gupta held that the Securitization Application had prima facie become infructuous. Consequently, the Tribunal disposed of the application on that ground. The file was consigned to the record in compliance with the rules, and the order was uploaded on the website. This order is a procedural disposal based on the status of the account at the time of hearing and does not contain substantive adjudication on the merits of the securitization claim. The decision rests entirely on the representation of the respondent bank regarding the settlement of the account.