Debts Recovery Tribunals and Appellate Tribunals

Shri Pahindra Mishra vs BANK OF INDIA on 17 July 2026

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M.A. No. 282/2026 and M.A. No. 249/2026 In Appeal Dy. No. 410/2026

Date: 17.07.2026

Shri Pahindra Mishra Vs. Bank of India

Present: Shri V. K. Shukla, counsel for the appellant, Shri Alok Rai, counsel for the respondent-Bank, Heard the learned counsels for the parties on the recall application being M.A. No. 282/2026.

Learned counsel for the appellant submits that the matter is pending before the NCLT, in which moratorium has been declared by the NCLT, therefore, no proceedings can be initiated.

In view of the above, the recall application is rejected.

Heard the learned counsel for the appellant on the application for release of amount.

Learned counsel for the appellant contends that the appellant had deposited the amount towards pre-deposit for maintaining the appeal. It is further contended that the appeal has already been decided, therefore, it is prayed that the amount deposited by the appellant may be released in favour of "Jyoti Mishra".

In view of the above, the application for release of amount is allowed and the amount deposited towards pre-deposit along with interest accrued thereupon is directed to be released in favour of "Jyoti Mishra" within 10 days from today, if there is no legal impediment for the same.

**Justice R. D. Khare** **Chairperson**

Anupam

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