Debts Recovery Tribunals and Appellate Tribunals
CENTRAL BANK OF INDIA vs Sarveshwari International Limited. on 29 September 2026
**DEBTS RECOVERY APPELLATE TRIBUNAL, DELHI**
**Misc. Appeal No.350/2026
Arising out of S.A. No.377/2025 (DRT-II, Delhi)**
**Item No.3**
**Central Bank of India**
**V.**
**Sarveshwari International Limited & others**
**29.09.2026 Hon'ble Dr. Justice Sudhir Kumar Jain**
Present: Sh. Kunal Tandon, Senior Advocate along with Ms. Richa Sandilyua, Ms. Jannobi Paul, Ms. Vanshika Dubey and Ms. Pradyumn Ydav, Advocates for the appellant This matter is taken up through Hybrid hearing.
**I.A. No.1362/2026 (application for condonation of delay filed by the appellant)**
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1. The instant application is filed for condonation of 154 days in filing the present appeal. Sh. Kunal Tandon, Senior Advocate for the appellant seeks condonation of delay on the ground and reasons as stated in the application and stated that the delay was neither deliberate nor intentional but due to time consumed in administrative formalities. After considering all facts, the present application is allowed and the delay of 154 days in filing the present appeal is condoned.
**Misc. Appeal No.350/2026**
2. The present appeal is filed to challenge the order dated 21.01.2026 passed by DRT-II, Delhi in S.A. bearing no.377/2025 titled as **Sarveshwari International Limited & others V. Central Bank of India & others** whereby I.A. bearing no.128/2026 filed by the S.A. applicant was allowed and the appellant Central Bank of India was restrained from taking further action in respect of the secured asset till further orders of the DRT.
3. Sh. Kunal Tandon, Senior Advocate for the appellant stated that now the S.A. is listed for 19.12.2026. Accordingly, the present appeal is disposed of with a direction to DRT-II, Delhi to decide the S.A. bearing no.377/2025 as early as possible, preferably on or before 31.03.2027, including passing of the judgment.
4. All pending applications, if any, also stand disposed of.
----- **(Dr. Justice Sudhir Kumar Jain)** **Chairperson**
-pk\$