Debts Recovery Tribunals and Appellate Tribunals
Dr. Jagdish Sharma vs Indian Bank and Ors. on 29 September 2026
BEFORE THE DEBTS RECOVERY
APPELLATE TRIBUNAL, AT: MUMBAI
Present: Justice Vivek Bharti Sharma, Chairperson
I.A. No. 454/2026
In
Regular Appeal No. 41/2013
Between
Jagdish Chotelal Sharma
… Appellant/s
V/s.
Indian Bank & Ors.
…Respondent/s
-: Order dated: 29/09/2026: -
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1. Present as under:
Mr. Prashant Pandit along with Mr. Jai Pandit, Counsel for Appellant/Co-borrower. Mr. Rajesh Nagori along with Mr. Nikhil Rajani i/b M/s. V. Deshpande & Co., Counsel for Respondent No. 4. No representation for other Respondents despite repeated calls.
2. Heard on Application I.A. No. 454/2026.
3. The Learned Counsel for the Appellant would submit that I.A. No. 454/2026 is moved by the Appellant/ARC with prayer that the Appellant be directed to carry out the amendment thereby substituting the name of the Applicant i.e. “Reliance Asset Reconstruction Pvt. Ltd.” as stated in schedule on the ground that the name of the Respondent No. 4 has been changed to “Reform ARC Limited” , as stated above.
4. The Counsel for the Appellant/Borrower would submit that he has no objection.
5. I.A. No. 454/2026 is hereby allowed.
6. The Appellant/Borrower is directed to file the amended memo of party within two weeks with an advance copy to the other side.
7. List the matter on 05.01.2027 for further proceedings. Sd/- Chairperson 29.09.2026 VKC-16