Debts Recovery Tribunals and Appellate Tribunals

KRISHNA VATI vs EDELWEISS ASSET RECONSTRUCTION COMPANY LTD AND ORS on 16 September 2026

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**DEBTS RECOVERY APPELLATE TRIBUNAL, DELHI**

**Misc. Appeal No. 288/2023**

**Arising out of S.A. No. 600/2023 (DRT-I, Delhi)**

**Item No. 27**

**Krishna Vati**

**V.**

**Edelweiss Asset Reconstruction Company Limited**

**16.09.2026 Hon'ble Dr. Justice Sudhir Kumar Jain**

Present: Ms. Jasvin Dhamija, Advocate for Appellant through VC.

Sh. Kumar Dushyan Singh, Advocate for Respondent No. 1 through VC.

This matter is taken up through Hybrid hearing.

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1. 1. The appellant filed SA bearing No. 600/2023 titled as **Krishna Vati vs. Edelweiss Asset Reconstruction Company Limited & others**, which is stated to be pending before DRT-I, Delhi.

2. 2. The appellant filed an application bearing I.A. No. 4644/2023 seeking restraining the respondent no. 1 from taking over the physical possession of the subject property in question on 29.11.2025. It is stated that the subject property is still in possession of the appellant.

3. 3. The Counsel for respondent no. 1 stated that the respondent no. 1 is not contemplating to take the possession of the subject property from the appellant except without following due process of law and due to interim protection granted by this Tribunal vide order dated 12.12.2023, the respondent no. 1 has not taken any steps for taking physical possession of the subject property. However, considering the facts the prayer of interim protection in respect to the subject property in the present appeal is over and no fresh action is being contemplating on behalf of the respondent no. 1 for taking the physical possession of the subject property.

4. Accordingly, the present appeal is disposed of with the liberty to file a fresh application before DRT in case the respondent no. 1 initiate any coercive action for taking over the physical possession of the subject property and further the respondent no. 1 is directed to give 15 days' prior notice to the appellant before taking any coercive action qua the subject property as per law. The pending applications, if any, also stands disposed of.

Sd -

(Dr. Justice Sudhir Kumar Jain) Chairperson

P

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