Debts Recovery Tribunals and Appellate Tribunals
MAVEN INDUSTRIES LIMITED vs UCO BANK on 23 September 2026
Sr. No. 25
ORDER SHEET
**BEFORE HON'BLE INCHARGE P.O., CAMP AT DRT NAGPUR
DEBTS RECOVERY TRIBUNAL, NAGPUR
(2<sup>nd</sup> Floor, "B" Block, CGO Complex, Seminary Hills, Nagpur – 440 006)
(Jurisdiction: 11 Districts of Vidarbha, Maharashtra)**
**M.A. No.131/2025**
**Maven Industries Ltd. & ors.
Vs.
UCO Bank.**
**Date:23.09.2026**
**Present:** Adv. Karamchandani – Counsel for Applicants.
Adv. Ramani Patro -- Counsel for the respondent
1. 1. The Ld. Counsel for the applicants has moved MA No.131/2025 for condonation of delay in filing SA being 137 days.
2. 2. The Ld. Counsel for the applicants submitted that order dated 24/01/2025 passed by Ld. ACJM, Nagpur has been challenged by the applicants and it was noticed in the knowledge of the applicants and after obtaining certified copy of the documents this MA was filed and hence, the delay is not intentional and deliberate and prayed for condoning the delay and allowing MA No.131/2025.
3. 3. On the other side, the Ld. Counsel for the respondent bank opposed the application on the ground that the applicants have failed to explain the delay and said delay is deliberate and no sufficient cause for condoning the delay.
4. 4. In view of above submissions, I pass the following order.
ORDER
1. i. M.A.No.131/2025 is hereby allowed and delay of 137 days is hereby condoned for the reasons stated therein.
2. ii. The respondent bank is directed to provide all details of sale proceeding, if sale has already been conducted by the party.
- iii. All IAs pending, if any, stands disposed of accordingly.
- iv. Copy of this order be sent to the Registrar.
- v. Registry is directed to register the SA.
- vi. File be consigned to the record room.
I/c Presiding Officer DRT Nagpur, Camp at DRT, Nagpur
RECEIVED
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