S M DEVELOPERS vs CENTRAL BANK OF INDIA AND ANR on 17 January 2024

DEBTS RECOVERY TRIBUNAL-II AHMEDABAD

NDN/1492/2022(APPEAL)

S.M.DEVELOPERS V/s. CENTRAL BANK OF INDIA

17.01.2024

None present for applicant. Present appeal received in Tribunal on 19.07.2022. Objections raised by registry i.e. Fact sheet is not submitted, page no 29-37,146 is not legible, page no 49-56, 66,110,119-124,133-140,147,150 translation required. Matter is lingering on objection board since 05.06.2023. Despite of several opportunities granted to applicant neither objections removed nor any body is appearing on behalf applicant. It seems applicant has no further interest in prosecution. Since sufficient time has been given and objection not removed. Hence Securitisation Application is declined to be registered as per rule 5(4) of DRT Procedure Rule 1993. File be consigned to record.

Registrar DRT-II Ahmedabad