Debts Recovery Tribunals and Appellate Tribunals
STATE BANK OF INDIA vs M/S ANKIT IRRIGATION PVT LTD on 15 September 2026
**DEBTS RECOVERY APPELLATE TRIBUNAL, DELHI**
**Misc. Appeal No. 326/2026
Arising out of SA No. 242/2026 (DRT-Jaipur)**
**Item No. 08**
**State Bank of India**
**V.**
**M/s Ankit Irrigation Private Limited & others**
**15.09.2026 Hon'ble Dr. Justice Sudhir Kumar Jain**
**Present: Ms. Jaya Tomar, Advocate for appellant**
This matter is taken up through Hybrid hearing.
**L.A. No. 1435/2026 (application for condonation of delay)**
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1. The instant application is filed for seeking condonation of delay of 15 days in filing the present appeal due to the reasons as stated in the applications. After considering all facts, the delay of 15 days in filing the present appeal is condoned. The application is decided accordingly.
**Misc. Appeal No. 326/2026**
2. The respondent filed S.A. bearing No. 242/2026 titled as **M/s Ankit Irrigation Private Limited & others v. State Bank of India** which is stated to be pending before DRT-Jaipur.
3. DRT-Jaipur vide order dated 15.07.2026 has directed the appellant not to take coercive steps with regard to the subject mortgaged property. The impugned order dated 15.07.2026 is reproduced as under:
**Case No.SA/242/2026**
**MS ANKIT IRRIGATION PVT LTD Vs STATE BANK OF INDIA**
**Date: 15.07.2026.**
**Proceedings through hybrid mode:**
**Present: Shri Bhargu Sharma, Counsel for the applicant Shri Kirti Kapoor, Counsel for the Respondent**
**Counsel for the respondent seeks adjournment for seven days to argue the matter.**
**Request is allowed.**
**Re-notify the matter on 23.07.2026 for arguments, till then no coercive steps be taken with regard to subject mortgaged property.**
4. The appellant being aggrieved filed the present appeal. Ms. Jaya Tomar, Counsel for the appellant stated that the appellant has not extended any threat to the respondents for taking any coercive action against the respondents and only notice for taking symbolic possession was given to the respondents. It is further stated that there was no need to pass the interim order in respect of the subject mortgaged property in favour of the respondents by the DRT-Jaipur vide order dated 15.07.2026. It is also stated that the SA was not taken up for hearing after 15.07.2026.
5. The present appeal is disposed of with the liberty to the appellant State Bank of India to file appropriate application for recall/ modification of the order dated 15.07.2026 preferably within 7 days and thereafter DRT-Jaipur is directed to decide the said application, if so filed, within a period of four weeks from the date of filing. The pending application, if any, is also disposed of.
6. The copy of this order be sent to DRT-Jaipur for information and compliance.
\_\_\_\_\_ **(Dr. Justice Sudhir Kumar Jain)** **Chairperson**
-N5