Debts Recovery Tribunals and Appellate Tribunals
M S ASIA AGRO THROUGH ITS PROP MR SUMIT RIKHAB KOTHARI vs PUNJAB NATIONAL BANK on 20 August 2026
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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Justice Vivek Bharti Sharma, Chairperson I.A. No. 515/2026 In
Misc. Appeal No. 121/2026 Between
M/s. Asia Agro Through its Prop. Mr. Sumit Rikhab Kothari & Ors. … Appellant/s V/s. Punjab National Bank & Ors. …Respondent/s
And
I.A. No. 517/2026 In
Misc. Appeal No. 122/2026 Between
M/s. Asia Agro Through its Prop. Mr. Sumit Rikhab Kothari & Ors. … Appellant/s V/s. Punjab National Bank & Ors. …Respondent/s
-: Order dated: 20/08/2026: -
Present as under: Mr. Radhe Agrawal, Counsel for Appellants/Borrowers. Ms. Shubhangi Maske i/b M/s. Law Focus, Counsel for Respondent/Bank. No representation for other Respondents despite repeated calls.
2. The Learned Counsel for the Respondent would submit that
they have filed the reply online but the physical copy could not be filed. The Counsel for the Respondent seeks adjournment to file the physical copy of the reply.
3. Reply be filed within a week with advance copy to the Appellants meanwhile the parties are directed to maintain the status-quo.
4. List the matter on 13.11.2026 for further proceedings. Sd/- Chairperson VKC-07 & 08