Debts Recovery Tribunals and Appellate Tribunals
PUNJAB NATIONAL BANK vs DAMARA GOLD PRIVATE LIMITED on 12 August 2026
DEBTS RECOVERY TRIBUNAL No.1, MUMBAI
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ORDER
In MISCELLANEOUS APPLICATION NO. 66 OF 2025 AND CHAMBER APPEAL 1 OF 2026 (Delivered on 12.08.2026)
PUNJAB NATIONAL BANK
... Applicants
Versus
DAMARA GOLD PRIVATE LIMITED
... Respondent
Advocate Vinita Shetty (through VC) for the Applicant.
Respondent absent.
ORDER
1. The Applicant has preferred this Misc. Application for Condonation of delay in filing on behalf of the Applicants in the Chamber Appeal.
2. The Applicant is challenging the impugned order dated 23.09.2025 passed by the Ld. Registrar DRT-1, Mumbai in O.A. (L) No.1127 of 2024. The Applicant had filed Chamber Appeal (D) No.1022 of 2025 on 10.10.2025 which was filed with the delay of 2 days from 09.10.2025 to 10.10.2025 from the date of declining of the Original Application by the Ld. Registrar.
1. 3. Heard the Counsel for the Applicant and perused the record.
2. 4. Resultantly, Misc. Application is allowed subject to cost quantified in the sum of Rs.2500/- payable to DRT Bar Association Mumbai.
3. 5. Since, the MA 66 of 2025 is allowed as stated above, subsequently the Applicant filed a Chamber appeal to set aside the impugned order dt.23.09.2025 passed by the Ld. Registrar in OA (D) No.1127 of 2024.
4. 6. Heard the Counsel for the Applicant and perused the record.
5. 7. So, Chamber Appeal No.01 of 2026 is allowed subject to cost quantified in the sum of Rs.2500/- payable to DRT Bar Association Mumbai and the Appellant to comply with the objections within two weeks.
6. 8. OA (D) No.1127 of 2024 be registered after due compliance.
7. 9. Files be closed and consigned to the Record Room.
(Dictated to my Stenographer, transcribed by him corrected and signed by me and pronounced in open forum on 12.08.2026)
Date: 12.08.2026
Presiding Officer Debts Recovery Tribunal, Mumbai-I (Sreekala Suresh)