Debts Recovery Tribunals and Appellate Tribunals

KARUR VYSYA BANK vs MS SWASTIK TRADING COMPANY on 13 October 2026

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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Justice Vivek Bharti Sharma, Chairperson Misc. Appeal No. 206/2024 Between

Karur Vysya Bank Ltd. … Appellant/s V/s. M/s. Swastik Trading Company …Respondent/s

-: Order dated: 13/10/2026: -

Present as under:

Ms. Nasima S., i/b M/s. M.V. Kini & Co., Counsel for Appellant. No representation for Respondent despite repeated calls.

The Learned Counsel for the Appellant would submit that the Respondent has failed to appear before the Learned Registrar on 12.08.2025, 19.09.2025 and 12.05.2026; that, the Respondent has also failed to file a reply, therefore, prays that the Respondent be proceeded ex-parte. In view of the above, the proceeding against the Respondent be proceeded ex-parte. List the case on 04.02.2027 for hearing. Sd/- Chairperson 13.10.2026 Psa-15

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