Mr Shimbu Dayal v. Fedbank
Case brief
What is this about?
In a securitization case, the applicant sought to secure a debt. The respondent bank submitted that the account was settled and closed. The Tribunal disposed of the application as infructuous without adjudication.
What the court decided
Court of the Presiding Officer Debts Recovery Tribunal, Jaipur
Item No. 34
Case No. SA/834/2025
MR SHIMBU DAYAL Vs FEDBANK
Date: 05.02.2026.
Proceedings through hybrid mode Present:
Shri Sanjiv Sharma & Sh. Sunil Jangir, Counsel for the Applicant
Ms. Kratika Sharma, Counsel for the Respondent Bank/FI
Ld. Counsel for the respondent bank submitted that account stands settled and closed.
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
Parties & counsel
- applicant
Mr. Shimbu Dayal
- respondent
FED Bank
Coram
Vimal Gupta
Case details
As recorded by the court registry
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