Debts Recovery Tribunals and Appellate Tribunals

LIC HOUSING FINANCE LIMITED vs CHARLES VISHWASRAO SANE on 9 February 2022

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IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD

(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)

ORDER SHEET

[MKA/SBJ] (RA No.04/2014) Page 1 of 2

09.02.2022

Sr. No.21 RA No.04/2014

Classific

ation

No. of

Exh.

REVIEW APPLICATION No.04/2014

LIC Housing Finance Ltd

..Applicant

Versus

Charles Vishwasrao Sane

..Non-Applicant

None the applicant-LIC Housing Finance Ltd.

Mr. S.A. Nandure h/for Mr. K.B. Deshpande – Advocate for the defendant.

Due to Covid 19 situation the matter is taken through Video Conference.

1. None appears for the applicant-LIC Housing Finance Ltd.

2. In this matter the Securitization Application has been filed by the LIC Housing Finance Ltd. was allowed and the notice issued by the LIC Housing Finance Ltd. was set aside.

3. This Review Application has been filed by the LIC Housing Finance Ltd. in the year 2011. It has already outdated utility and stands dismissed.

4. In view of the statement made by the learned counsel for the respondent, I pass the following order through video conference:

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ORDER

A. Review Application No.04/2014 stands dismissed.

IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET

[MKA/SBJ] (RA No.04/2014) Page 2 of 2

B. The LIC Housing Finance Ltd. is at liberty to take fresh steps under Securitization Act. C. File be consigned to record room. Both the parties may download the order from the official web-site which will be treated as a true copy as due to COVID 19 & staff constraints, the certified copies cannot be issued as of now till further orders.

(Vimal Gupta)

Presiding Officer

Debts Recovery Tribunal, Aurangabad

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