Debts Recovery Tribunals and Appellate Tribunals

M S GAYATRI CEMENT ZALI AND PIPE UDYOG vs INDIAN BANK on 6 February 2026

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DEBTS RECOVERY TRIBUNAL LUCKNOW

<table border="1"><thead><tr><th data-bbox="108 133 288 164">Date of order or proceeding</th><th data-bbox="288 133 728 164">Order with signature of court</th><th data-bbox="728 133 886 164">Office action taken with date</th></tr></thead><tbody><tr><td data-bbox="108 164 288 902">M.A.No.02/2025<br/>06.02.2026<br/>Sl No.65</td><td data-bbox="288 164 728 902"><p>Ld. Counsel for the applicant is moving MA No.02/2025 for restoration of SA No.365/2023. It is submitted that on call when none appeared, SA was dismissed for default.</p><p>This MA has been filed on 19.12.2024 i.e. within limitation.</p><p>In view of fact, MA is <b>allowed</b> and SA No.365/2023 is restored to its original position.</p><p>Applicant is directed to take steps for issuance of notice upon the respondent-bank.</p><p>Let the MA be consigned to record room.</p><p>Put up SA No.365/2023 on 10.12.2025 for hearing.</p><p>Order be uploaded on the Tribunal's website.</p><p>(Dictated)</p><p>(Pravas Kumar Singh)<br/>Presiding Officer</p><p>(Veeresh)</p></td><td data-bbox="728 164 886 902"></td></tr></tbody></table>

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