Debts Recovery Tribunals and Appellate Tribunals
RELIANCE SECURITIES LIMITED vs BANK OF MAHARASHTRA AND ORS. on 17 September 2026
**DEBTS RECOVERY APPELLATE TRIBUNAL, DELHI**
**Misc. Appeal No.137/2025
Arising out of TA No.2620/2022 (DRT-I, Delhi)**
**Item No. 22**
**Reliance Securities Limited
V.
Bank of Maharashtra and others**
**17.09.2026 Hon'ble Dr. Justice Sudhir Kumar Jain**
Present: Ms. Mumtaz Bhalla, Advocate for appellant through VC
Sh. Rakesh Tikku, Senior Advocate along with Sh. V.K. Gupta, Advocates for respondent no.1
Ms. Dechen, Advocate for respondents no.3 and 4 through VC
Sh. Utkarsh, Advocate for respondent no.13 through VC
This matter is taken up through Hybrid hearing.
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1. Sh. Rakesh Tikku, Senior Advocate assisted by Sh. V.K. Gupta, Advocate for respondent no.1 advanced and concluded the arguments and seeks time to file written submissions. Let the written submissions be filed within two weeks with advance copy to the counsel for the appellant as well as other respondents.
2. Sh. V.K. Gupta, briefing counsel for the respondent no.1 stated that he needs three weeks' time to file written submissions. Let the needful be done accordingly.
3. Sh. Utkarsh, Advocate appeared as proxy counsel on behalf of respondent no.13 stated that the main counsel is not available. The counsel for the respondent no.13 shall be at liberty to advance arguments on next date of hearing.
4. List on 02.11.2026 for rebuttal arguments on behalf of the appellant.
----- **(Dr. Justice Sudhir Kumar Jain)** **Chairperson**
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