Debts Recovery Tribunals and Appellate Tribunals
PHOENIX ARC PVT LTD vs MS ACTIS BIOLOGICS PVT LTD AND ORS on 16 September 2026
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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Justice Vivek Bharti Sharma, Chairperson Chamber Appeal No. 07/2025 In
(Regular Appeal Diary No. 1724/2023-Declined) Between
Phoenix ARC Pvt. Ltd. … Appellant/s V/s. M/s. Actis Biologics Pvt. Ltd. & Ors. …Respondent/s
-: Order dated: 16/09/2026: -
Present as under:
Ms. Chinmayee Ghag, i/b M/s. Zastriya, Counsel for Applicant. No representation for the Respondents despite repeated calls.
The Learned Counsel for the Applicant would submit that Respondent No.1 has gone into liquidation. Therefore, she seeks an adjournment so that the appropriate steps may be taken by the Applicant. List the case on 12.10.2026 for further proceedings. Sd/- Chairperson 16.09.2026 Psa-09