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Showing contexts for: FUNCTIONING OF DRT in Ambience Towers Pvt Ltd vs Bank Of Maharashtra And Anr on 3 March, 2022Matching Fragments
6. Since the DRT, Delhi has also become functional, we direct to re- transfer of the petitioner securitization application which was numbered as TSA No. 63/21 back to the DRT, Delhi.
7. Mr. Alag, submits that the petitioner wishes to let out the mortgaged asset to be able to generate rent which would enable the petitioner to discharge its liability towards the respondent more efficiently. He submits that the since the proceedings under the SARFAESI Act, 2002 have been undertaken, petitioner cannot let out the premises without the consent of the respondent and the permission of the Court/Tribunal.