Debts Recovery Tribunals and Appellate Tribunals

M/s. Shree Dairy vs PUNJAB NATIONAL BANK on 29 September 2026

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10BEFORE THE DEBTS RECOVERY

APPELLATE TRIBUNAL, AT: MUMBAI

Present: Justice Vivek Bharti Sharma, Chairperson

I.A. No. 408/2022

In

Misc. Appeal Diary No. 754/2022

Between

M/s. Shree Dairy & Ors.

… Appellant/s

V/s.

Punjab National Bank & Anr.

…Respondent/s

-: Order dated: 29/09/2026: -

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1. Present as under:

Mr. Zahid i/b Mr. Narendra Karamchandra, Counsel for Applicant. Ms. Akshita Rathundi i/b Mr. Anup Khaitan, Counsel for Respondent No. 1. Mr. Vijay Singh, Counsel for Respondent No. 2.

2. The Learned Counsel Appellant prays for time to file the rejoinder.

3. Strongly opposed by the Learned Counsel for the Respondents on the ground that several opportunities have already been granted to the Appellant , therefore , no further opportunity should be granted, as the Appellant is merely seeking adjournment in the garb of filing the rejoinder.

4. Considered and perused the record.

5. Last opportunity is granted to file the rejoinder subject to the cost of Rs. 5000/- to the Prime Minister Relief Fund, to be deposited within a week.

6. List the matter on 08.01.2027 for further proceedings. Sd/- Chairperson 29.09.2026 VKC-18

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