Debts Recovery Tribunals and Appellate Tribunals

KRISHNA DEVI vs PUNJAB NATIONAL BANK on 7 October 2026

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**DEBTS RECOVERY APPELLATE TRIBUNAL, DELHI**

**Misc. Appeal No 297/2026

Arising out of SA No. 444/2025 (DRT-I, Delhi)**

**Item No. 09**

**Krishna Devi & another

V.

Punjab National Bank**

**07.10.2026 Hon'ble Dr. Justice Sudhir Kumar Jain**

Present: Sh. Samarendra Kumar along with Sh. Shailendra Ojha, Advocates for appellant Sh. Mahesh K. Chaudhary, Advocate for respondent This matter is taken up through Hybrid hearing.

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1. Sh. Samarendra Kumar, Counsel for the appellant stated that the appellant had submitted an OTS amount of Rs. 2.34 crores which was accepted by the respondent, but the appellant could manage to pay only Rs. 2.21 crores, and as such there was a shortfall of Rs. 13 lakhs. He further stated that shortfall of Rs.13 lakhs would be paid to the respondent within the period to be conveyed by the respondent as per Circular No. 12/2025 dated 25.03.2025.

2. Sh. Mahesh K. Chaudhary, Counsel for the respondent, stated that the issue of the payment of the balance shortfall of Rs. 13 lakhs shall be decided as per the policy of the respondent and would be conveyed to the appellant within 7 days.

3. In view of the submissions made by the respective Counsels for the parties, the present appeal does not require further adjudication, accordingly, the present appeal stands disposed of. The appellant is at liberty to approach this Tribunal in altered circumstances.

----- **(Dr. Justice Sudhir Kumar Jain)** **Chairperson**

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