Debts Recovery Tribunals and Appellate Tribunals
RAM GOPAL VERMA vs BANK OF BARODA on 17 July 2025
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Court of the Presiding Officer Debts Recovery Tribunal, Jaipur * Item No. 45 Case No.MA/162/2022 IN SA/346/2021 RAM GOPAL VERMA Vs BANK OF BARODA Date: 17.07.2025. Proceedings through hybrid mode Present: Shri Raghav Sharma, Counsel for the Applicant Shri R N Vijay, Counsel for the Respondent Bank/FI This Misc. Application moved by the applicant for seeking restoration of Securitization Application no. 346/2021. Counsel for the bank submits that in SA no. 346/2021, the auction was challenged which resulted in failure. He submits that the bank subsequently auction the property, recovered the amount, sale certificate was issued and registered and possession was also handed over. The said auction has not been challenged so, even if this M.A is allowed and SA is restored that will be dismissed because further auction of the bank were never challenged. The applicant could have filed the fresh SA challenging the subsequent auction. In view of above, this Misc. Application stands disposed of. File be consigned to record, as per rules. Copy of order be uploaded on website.
(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Jaipur