Debts Recovery Tribunals and Appellate Tribunals
POONAWALLA FINCORP LIMITED vs SMT PROMILA GUPTA AND ANR on 12 September 2025
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**ORDER-SHEET** Page No. ....
**DEBTS RECOVERY TRIBUNAL, DEHRADUN**
**M.A. No. 21 of 2025**
**Poonawalla Fincorp Limited Vs. Smt. Promila Gupta & Anr.**
**Date: 12.09.2025**
Item No.07
Present: Sh. N.K. Tripathi, Ld. Counsel for the Applicant. Sh. S.M. Joshi, Counsel for the Respondents.
Called out, Ld. Counsel for the parties present.
As per Ld. Counsel for the Respondent, compliance has already been made by the Respondents.
Applicant wants some version change in order dated 28.03.2025 in M.A. No.69 of 2024 Promila Gupta & Anr Vs Poonawalla Fincorp Ltd. through this petition on the other hand, Ld. Counsel has argued that the applicant has already approached Hon'ble Debts Recovery Appellate Tribunal in appeal by Diary No.736 of 2025.
In the said situation a correction and alteration by the Tribunal cannot be allowable after challenging the order before Hon'ble Appellate authority and any change in the order by this Tribunal is not possible to consider as per circumstances created in the matter.
As the Respondents have complied the settlement as per Ld. Counsel for respondents and Sh. Ankur Gupta has also filed affidavit about compliance of settlement by diary No. 4150 dated 31.07.2025 which had already been taken place between the parties. If there is no any prayer before appellate authority in relation to settlement on behalf of the Applicant or there is no any challenge in relation to the settlement on the part of the applicant. In that case the applicant is duty bound to release the title deeds of the secured asset and the applicant is directed to provide title deeds in relation to the secured asset to the Respondent within a period of 15 days from the date of this order.
In the light of above, this petition is disposed off.
Interim order, if any vacated. All Interim Applications are also disposed off in the light of above.
Record be consigned.
(Umesh Kumar Sharma) Presiding Officer DRT, Dehradun
12.09.2025