Tribunals and CommissionsSingle Bench(2023) 01 DRAT CK 0036

Ajay Kumar vs Union Bank of India & Ors

Debts Recovery Appellate Tribunal · Decided on 23 January 2023

HON’BLE JUDGES
R. D. Khare, Chairperson
RESULT
Dismissed
CASE NUMBER
Appeal Dy. No. 646 Of 2022

CourtKutchehry membership

More clarity. Every judgment.

Download court copies, explore connected cases and make more of every research session.

Loading membership options…

Ask AI about this case

AI Structured Summary

Not yet generated for this judgment

Judgment

6 paragraphs · 219 words

R. D. Khare, Chairperson

Heard the learned counsels for the parties.

The present appeal has been filed under section 18 of the SARFAESI Act against the final order dated 24.06.2022 passed by the DRT, Dehradun in S.A. No. 164/2021. The report of the Registrar dated 07.12.2022 shows that I.A. No. 358/2022 being urgency application, I.A. No. 360/2022 being waiver application, I.A. No. 361/2022 being stay application and I.A. No. 359/2022 being delay condonation application have been filed and no pre-deposit has been made.

Since the matter has been taken up today, therefore the urgency application being I.A. No. 358/2022 has become infructuous and is disposed off as such.

The aforesaid report further shows that as per sale notice dated 07.10.2021, the dues against the appellant was Rs. 17,70,923.01 as on 31.03.2019 along with interest and the mortgaged property has been auctioned for Rs. 21.10 lacs. The impugned order dated 24.06.2022 shows that the account has been settled, therefore, the S.A. was disposed off in the light of the statement so made by both the parties.

After hearing the learned counsels for the parties and after perusing the order impugned, no good ground is made out. Hence, no interference is called for in the impugned order dated 24.06.2022. Hence, the present appeal is dismissed with no order as to costs.