Debts Recovery Tribunals and Appellate Tribunals
Springz and Anr vs Indian Bank erstwhile Allahabad Bank on 7 October 2026
'\risingoutof SANo.66.l/2025(DRI tt,Chnndisarh)
M/s Spring, & aDother
lndiatr Bank (erstwhile Alhhabad Bank)
07.r0.2026 Hon'ble Dr. Justice Sudhir KuD.rJ.in Ms. Mrinmoi Chalterjee, Advocai,e for appetlants Sh. Andl Gauiam alonS wiih Sh. Rishi Chauhan, Advocates for respondenr and Sh. Mohir Sharma, Senior Manager ard Sh. Sandeep Raihi, ChiefMaager oflndim Bmk This marter is laken up fircugh H)brid hearing.
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1. Sh. Anant Gautum, Counsel for the respondent stated rhat the 6lier OTS srlbmitted on behalf of the appellants has been rejecled. He firrher staled ihar if any fresh proposal for OTS is subrnitted then it shall be considered as per the rules, regulatiois dd pmctice ofth€ respondent bek. 2, Ms. Mrinmoi Chatterj@, Counsel for the appellants srated rhat the appelanrs shall be maling fresh efforrs for amicable seitlement ofthe outstandins dues of the respondent bank. Let the needtul be done for amicable serlemenr dlt next date of hearing otherwise the appeal be listed for final headng.
3. Lht on 04.1l-2026 a- -9J - -i (D..,lustice Sudhir Kumir,hh) Chrirper$n T)I,III'S R[(]OYE,RY API'EI,I,,\ I I.:I'RIItI]N,1I,. DI]I,I II Ilisc. App.xl No. 116/2026 llrm No, l0