The Debts Recovery Tribunal dismissed a Securitization Application filed by Lala Katara against AU Small Finance Bank Limited. The court held that the applicant, having taken the law into his own hands and failed to restore possession, deserved no relief.
Securitization Application dismissed; bank at liberty to proceed.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
Court of the Presiding Officer Debts Recovery Tribunal, Jaipur
Item No. 58
Case No. SA/71/2026
LALA KATARA Vs AU SMALL FINANCE BANK LIMITED
Date: 24.03.2026.
Proceedings through hybrid mode Present:
Shri Lakhvinder Singh, Counsel for the Applicant
Ms. Shruiti Sharma, Counsel for the Respondent Bank/FI
In this matter, counsel for the applicant has pleaded no instruction on behalf of the applicant.
The applicant has taken law into his own hands and is not restoring the possession to the bank, therefore, such person do not deserve any relief from the Court. Accordingly, this Securitization Application stands dismissed and the bank is at liberty to proceed.
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 relief is to be granted when the applicant has taken law into his own hands and failed to restore possession to the bank.
1 provisions across 1 enactments
Lala Katara
AU Small Finance Bank Limited
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
