Jagroop Singh v. Kotak Mahindra Bank Ltd And Others


  


  
      


  

  

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Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, by approaching the Debt Recovery Tribunal but he contends that the petitioner/borrower is ready and willing to pay the entire amount standing due, as on today, in the loan account. PREETI 2025.09.24 11:59 I attest to the accuracy and integrity of this document


   3.

In view of statement made by learned counsel for the petitioner, this petition stands disposed of with an observation that in case the petitioner/borrower pays the entire outstanding due in the loan account by 27.09.2025, then the Bank shall not take any coercive steps against the petitioner.

4.

In case the aforesaid outstanding dues is not paid by the aforesaid date, respondent/bank shall be free to liquidate the secured asset and recover the outstanding dues in the loan account. 5.

With the aforesaid observations, this petition stands disposed of.

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      PREETI 2025.09.24 11:59 I attest to the accuracy and integrity of this document