Debts Recovery Tribunals and Appellate Tribunals

M/s SAIMA GARMENTS vs PUNJAB NATIONAL BANK on 28 September 2026

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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Justice Vivek Bharti Sharma, Chairperson I.A. No. 772/2024 (Stay) In

Misc. Appeal No. 195/2024 Between

M/s. Saima Garments & Anr. … Appellant/s V/s. Punjab National Bank & Anr. …Respondent/s

-: Order dated: 28/09/2026: -

Present as under: Mr. Tejas Girap, Counsel for Appellant through VC. Mr. Raj Dani, Counsel for Interventionist/Auction Purchaser. Ms. Aishwarya Venkatraman i/b M/s. K. S. Legal, Counsel for PNB Bank.

The Learned Counsel for the Respondent/Interventionist would submit that the Auction Purchaser has filed intervention application I.A. No. 76/2026.

Copy be supplied to the Appellant.

Reply, if any, be filed within four weeks with advance copy to the Interventionist.

List the matter on 13.01.2027 for further proceedings. Sd/- Chairperson 28.09.2026 VKC-12

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