Debts Recovery Tribunals and Appellate Tribunals

PEGASUS ASSETS RECONSTRUCTION PVT LTD vs DEBOCK SALES AND MARKETING PVT LTD. on 11 July 2025

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Court of the Presiding Officer Debts Recovery Tribunal, Jaipur * Item No. 9 Case No.MA/197/2023 IN OA/170/2021 PEGASUS ASSETS RECONSTRUCTION PVT LTD Vs DEBOCK SALES AND MARKETING PVT LTD. Date: 11.07.2025. Proceedings through hybrid mode Present: Ms. Neha Sharma, Counsel for the Applicant Counsel for the bank submits that there is a typographical error with regard to the description of the property in the Recovery Certificate as the details of the property was mentioned "All that piece and parcel of property being flat no. A-805, A Block, 8th Floor, Balaji Majestic Height, Plot No. S-25, Central Spine, Vidhyadhar Nagar, Jaipur-302017", instead of "All that piece and parcel of property being flat no. A-805, A Block, 8th Floor, Balaji Majestic Height, Plot No. S-25, Central Spine, Jagatpura, Jaipur-302017”. I have gone through the documents, the address memo and the address of the borrowers reflects the correct address. This order be treated as part and parcel of the final order and Recovery Certificate and description of the property be rectified and corrected as “All that piece and parcel of property being flat no. A- 805, A Block, 8th Floor, Balaji Majestic Height, Plot No. S-25, Central Spine, Jagatpura, Jaipur-302017”. In view of the above, this Misc. Application stands disposed of and copy of the order be sent to the Ld. Recovery officer. File be consigned to record, as per rules. Copy of order be uploaded on website. (Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Jaipur

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