Disposed
Vijay Kumar Bhadbhujiya v. Reliance Asset Reconstruction Company Limited
DRTSA/84/2026
Case brief
AI extract
What is this about?
The Debts Recovery Tribunal disposed of a Securitization Application where the respondent bank withdrew proceedings against a deceased borrower. The court directed the applicant to provide legal heir details and mentioned an option for settlement with a 10% down payment.
What did the court decide?
SARFAESI Proceedings disposed; bank at liberty to initiate fresh proceedings; applicant to provide heir details.