Debts Recovery Tribunals and Appellate Tribunals
Nilesh Batukbhai Mansata vs RARE ASSETS RECONSTRUCTION LIMITED on 18 August 2026
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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Justice Vivek Bharti Sharma, Chairperson I.A. No. 223/2026 (Stay) In
Regular Appeal No. 25/2026 Between Nilesh Batukbhai Mansata … Appellant/s V/s. Rare Assets Reconstruction Company & Anr. …Respondent/s
-: Order dated: 18/08/2026: -
Present as under:
Mr. Gaurang Kinkhabawal along with Ms. Neha Bhosale & S. Majumdar & Ms. Shivangi Bhatwadekar & Ms. Anuja Divadkar, i/b M/s. NPB Law, Counsel for Appellant. Mr. Rishabh Shah along with Ms. Sushmita Gandhi & Ms. Anamika Singh & Ms. Richa Phulwani & Ms. Kritika Garg i/b M/s. Trilegal, Counsel for Respondent No.1 Ms. Barsha Parulekar, Advocate for Respondent No. 2/Official Liquidator.
The Learned Counsel for Respondent No. 2/Official Liquidator seeks time to file the report of the Official Liquidator in the present matter. The Learned Counsel for Respondent No.1 oppose the said request. List the case on 02.12.2026 for further proceedings in the interest of justice. Interim order, if any, shall continue till the next date of hearing. Sd/- Chairperson Psa-36