Debts Recovery Tribunals and Appellate Tribunals
Pegasus Assets Reconstuction Pvt. Ltd. vs Ajay Chhangani on 1 October 2026
**DEBTS RECOVERY APPELLATE TRIBUNAL, DELHI**
**Misc. Application No.108/2026
Arising out of S.A. No.530/2025 (DRT-II, Chandigarh)**
**Item No.2**
**Pegasus Assets Reconstruction Private Limited
V.
Ajay Chhangani & another**
**01.10.2026 Hon'ble Dr. Justice Sudhir Kumar Jain**
Present: Sh. Aman Vasisth, Advocate for the applicant through VC
This matter is taken up through Hybrid hearing.
**Misc. Application No.108/2026**
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1. 1. The respondents filed S.A. bearing no.530/2025 titled as **Ajay Chhangani & another V. Pegasus Assets Reconstruction Private Limited** which is stated to be pending before DRT-II, Chandigarh. The Presiding Officer, DRT-II, Chandigarh is not in position and the functioning of DRT-II, Chandigarh is being looked after by DRT-III, Delhi as additional charge. The counsel for the appellant seeks direction to DRT-III, Delhi for expeditious disposal of the S.A. bearing no.530/2025.
2. 2. Keeping in view the pendency before DRT-III, Delhi and the fact that it is holding additional charge of DRT-II, Chandigarh, no such direction is possible to give. However, it is expected that DRT-III, Delhi which is having additional charge of DRT-II, Chandigarh shall make all possible endeavour to dispose of the S.A. bearing no.530/2025.
3. 3. Application stands disposed of.
----- **(Dr. Justice Sudhir Kumar Jain)** **Chairperson**
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