Debts Recovery Tribunals and Appellate Tribunals
Sanjay Jain vs Shriram Finance Ltd on 19 October 2026
**DEBTS RECOVERY APPELLATE TRIBUNAL, DELHI**
**Misc. Appeal No.372/2026
Arising out of S.A. No.368/2026 (DRT-I, Delhi)**
**Supplementary Item No.01**
**Sanjay Jain & others
V.
Shiram Finance Limited & others**
**19.10.2026 Hon'ble Dr. Justice Sudhir Kumar Jain**
**Present:** Ms. Pushp Gupta and Sh. Vikram Seth and Sh. Yuvraj Seth, Advocates for the appellants Sh. Ashwani Kumar Shahi, Advocate for the respondent no.1 through VC
This matter is taken up through Hybrid hearing.
**I.A. No.1659/2026 (application for waiver) and Misc. Appeal Nop.372/2026**
1. The appellants are claiming to be the *bona fide* purchasers of the subject property and were not parties to the loan transaction. They are claiming their title on the subject property on the basis of documents dated 11.06.2018 and registered Conveyance Deed dated 30.03.2022 and have purchased the subject property from one Satyaveer Jain.
2. Issue notice to the respondent no.1 and the respondents 4 to 7. Sh. Ashwani Kumar Shahi, Advocate accepted notice on behalf of the respondent no.1 Shiram Finance Limited and sought time to file response to the above application for waiver of pre-deposit and the appeal. Let the needful be done within two weeks with advance copy to the counsel for the appellants.
3. Sh. Ashwani Kumar Shahi, Advocate for the appellants stated that although possession of the subject property is scheduled to be taken today, the respondent no.1 shall not take possession and shall be maintaining *status quo* in respect of the subject property till the next date of hearing.
4. Let the respondents 4 to 7 be served on taking steps by the appellant through all permissible modes returnable on 03.12.2026.
**(Dr. Justice Sudhir Kumar Jain) Chairperson**
-pk
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