Debts Recovery Tribunals and Appellate Tribunals
M/s Associated Natural Stones India & ORS. vs BANK OF MAHARASHTRA on 1 October 2026
**DEBTS RECOVERY APPELLATE TRIBUNAL, DELHI**
**Misc. Appeal No.308/2026
Arising out of S.A. No.232/2026 (DRT-I, Delhi)**
**Item No.4**
**M/s Associated Natural Stone India & others**
**V.**
**Bank of Maharashtra**
**01.10.2026 Hon'ble Dr. Justice Sudhir Kumar Jain**
**Present: Sh. Manu Sharma, Advocate for the appellant through VC**
This matter is taken up through Hybrid hearing.
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1. 1. In the present appeal the challenge is to the order dated 21.07.2026 whereby the interim relief as prayed by the appellants for restraining the respondent bank from auctioning the property bearing Flat no.106, Ground Floor, Amrapali Apartments, I.P. Extension, Delhi – 110092 was declined. The perusal of the impugned order dated 21.07.2026 reflects that the appellants have not complied with the order dated 18.12.2025 passed in S.A. bearing no.363/2025 whereby directions were given to the appellants to deposit certain amount. Sh. Manu Sharma, Advocate for the appellants admitted that the direction given vide order dated 18.12.2025 was not complied by the appellants. It is also admitted that the subject property has already been auctioned and the auction purchaser has not been impleaded in the present appeal.
2. 2. After brief arguments, the counsel for the appellants seeks permission to withdraw the present appeal with liberty to file appropriate application before DRT for restraining further transfer of the subject property by the auction purchaser. The liberty as prayed for is granted.
3. 3. The present appeal is accordingly allowed to be withdrawn along with pending applications, if any.
----- **(Dr. Justice Sudhir Kumar Jain) Chairperson**
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