Debts Recovery Tribunals and Appellate Tribunals
Ms Mono Pharmacare Limited vs BANK OF INDIA on 30 September 2026
BEFORE THE DEBTS RECOVERY
APPELLATE TRIBUNAL, AT: MUMBAI
Present: Justice Vivek Bharti Sharma, Chairperson
I.A. No. 569/2026
In
Misc. Appeal (Diary) No. 1660/2026
Between
Mono Pharmacare Ltd. & Ors.
… Appellant/s
V/s.
Bank of India
…Respondent/s
-: Order dated: 30/09/2026: -
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1. Present as under: Ms. Mumtaz Khan, Counsel for Applicants.
2. The file is taken on praecipe, filed by the Applicants.
3. The Counsel for the Applicants would submit that DRT- Ahmedabad rejected the interim relief vide order dated 14.08.2026, to which the applicants are filing present appeal.
4. The Hon’ble Gujarat High Court had granted protection till 11.09.2026 in favour of applicants, while disposing SCA 11882/2026 filed by applicants.
5. The Respondent Bank now can proceed further to take physical possession and sale of properties in question at any time. Hence, the present praecipe.
6. Issue notices to the Respondents by registered speed-post.
7. Steps to be taken within 24 hours.
8. List the matter on 06.10.2026 for hearing. Sd/- Chairperson 30.09.2026 VKC-PRAECIPE