Debts Recovery Tribunals and Appellate Tribunals
KOTAK MAHINDRA BANK vs M/S DERBY TEXTILE LTD on 27 May 2025
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Court of the Presiding Officer Debts Recovery Tribunal, Jaipur
Item No. 104 Case No. APPEAL/4/2022 KOTAK MAHINDRA BANK Vs M/S DERBY TEXTILE LTD Date: 27.05.2025. Proceedings through hybrid mode Present: Ms. Usha Singh along with Shri Vijay Jangid, Counsel for the Applicant None for the Respondent In this matter, the appellant requests for expunging the following argument made by the recovery officer in the order for the publication of the notice.
“It is reiterated that handing over of full vacant possession is the responsibility of the undersigned in law and their legal claims with regard to seeking refund by cancellation of auction shall remain unextinguished, provided the auction purchaser waits till all legal and police formalities are completed.”
The said argument stands expunged. Ld. Recovery Officer be informed about the same.
Accordingly, Appeal stands disposed off, all pending IAs also stands disposed off, if any. File be consigned to record as per rules. Copy of order be uploaded on website.
(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Jaipur