Debts Recovery Tribunals and Appellate Tribunals

Orion Laminates Limited Through Managing Director Shankar Radheshyam Jhunjhunwala vs State Bank Of India Through Its Authorized Officer on 27 December 2021

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IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD

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

ORDER SHEET

[SBJ] (MA No.27/2021) Page 1 of 2

27.12.2021

Sr. No.21 MA No.27/2021

Classifi

cation

No. of

Exh.

MISCELLANEOUS APPLICATION No.27/2021

Orion Laminates Ltd. through Managing

Director

Shankar

Radheshyam

Jhunjhunwala & two others

..Applicants

Versus

State Bank of India through Authorised

Officer

..Respondent

Mr. M.M. Avhad - Advocate for the applicants.

Mr. S.R. Deshpande - Advocate for the respondent Due to Covid 19 situation the matter is taken through Video Conference.

1. Mr. S.R. Deshpande says that his name appears there and further submits that the debt was assigned and the S.A. arising out of the securitisation action were also disposed off as settled.

2. Mr. Deshpande seeks to discharge from the respondent.

Accordingly, Mr. Deshpande stands discharged.

3. Since

Mr.

Deshpande

has

submitted

that

the

Securitisation Applications have already been disposed off as settled, I am of the opinion that this Miscellaneous Application No.27/2021 should also be disposed off.

4. In view of the above, I pass the following order through video conferencing:

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ORDER

A. The Miscellaneous Application No.27/2021 stands disposed off.

IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET [SBJ] (MA No.27/2021) Page 2 of 2

B. File be consigned to the Record Room.

All 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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