Debts Recovery Tribunals and Appellate Tribunals
Asset Reconstruction Company (India) Limited vs Xrbia Ambience Realty LLP on 6 October 2026
BEFORE THE DEBTS RECOVERY
APPELLATE TRIBUNAL, AT: MUMBAI
Present: Justice Vivek Bharti Sharma, Chairperson
I.A. No. 300/2026
In
Appeal Diary No. 695/2026
Between
Asset Reconstruction Company (India) Ltd.
… Appellant/s
V/s.
Xrbia Ambience Realty LLP & Ors.
…Respondent/s
-: Order dated: 06/10/2026: -
Citations and Judicial Treatment
Cited by
0
Decisions in the index citing it
Cites
0
Decisions referred to
In this index
0
Of the decisions it cites
Overruled / Questioned
0
No negative treatment found
Loading the citing and cited decisions…
This judgment in the centre: on the left the decisions it cites, on the right the decisions citing it. Colour is the treatment; choose a decision to open it.
1. Present as under:
Mr. Rajesh Nagory, Counsel for Applicant.
2. The matter is taken up by way of praecipe filed by the Applicant/Borrower for seeking urgent relief.
3. The Learned Counsel for the Applicant/Borrower would submit that on the previous date of hearing, i.e. 03.09.2026, the Applicant/Borrower was directed to pay costs of ₹50,000/- to “Vanvasi Kalyan Kendra”; that, however, the requisite details for depositing the said amount were not available and the Registry told the name of another organization i.e. “Seva Bharati Kokan Prant Trust”.
4. The Learned Counsel for the Applicant/Borrower would further submit that the Applicant/Borrower seeks modification of the order dated 03.09.2026 and requests that the cost of ₹50,000/- be directed to be paid to “Seva Bharati Kokan Prant Trust”, so that the Applicant/Borrower can deposit the said amount.
5. Accordingly, the prayer for modification of the order dated 03.09.2026 is allowed. The Applicant/Borrower is directed to deposit the cost of ₹50,000/- with “Seva Bharati Kokan Prant Trust” within two weeks.
6. List the case on the date already fixed i.e 15.12.2026 for hearing. Sd/- Chairperson 06.10.2026
Psa- Praecipe