This order disposes of a securities application as infructuous after the respondent bank asserted the account was regularized and the applicant failed to appear. The respondent was granted liberty to proceed if future defaults occur.
The Securitization Application is disposed of as infructuous.
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Court of the Presiding Officer Debts Recovery Tribunal, Jaipur
Item No. 52
Case No. SA/754/2025
PIRA RAM AND ANR Vs TATA CAPITAL HOUSING FINANCE LIMITED
Date: 01.07.2026.
Proceedings through hybrid mode
Present:
None for the Applicant
Shri Pramod Kumar, Counsel for the Respondent Bank/FI
Ld. Counsel for the respondent bank submitted that account stands regularized and he prayed that the SA may be disposed of as infructuous.
Considering the submissions made by Ld. Counsel for the respondent bank and also considering the fact that none appeared on behalf of the SA applicant, this Securitization Application stands disposed of as infructuous.
In case the applicant commits default in payment, the respondent bank will be at liberty to proceed from the point at which the Securitization proceeding is standing today.
File be consigned to record, as per rules. Copy of order be uploaded on website.
(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Jaipur
PIRA RAM AND ANR
TATA CAPITAL HOUSING FINANCE LIMITED
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
