Debts Recovery Tribunals and Appellate Tribunals

Mohanbhai Narsinhbhai Chaudhary vs PUNJAB NATIONAL BANK on 21 August 2026

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BEFORE THE DEBTS RECOVERY

APPELLATE TRIBUNAL, AT: MUMBAI

Present: Justice Vivek Bharti Sharma, Chairperson

I.A. No. 706/2025 (Stay)

In

Regular Appeal No. 87/2025

Between

Mohanbhai Narsinhbhai Chaudhary

… Appellant/s

V/s.

Punjab National Bank & Ors.

…Respondent/s

-: Order dated: 21/08/2026: -

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1. Present as under: Mr. Prashant Pandit along with Mr. Jay Pandit, Counsel for the Appellant. Ms. Asha Bhuta i/b M/s. Bhuta & Associates, Counsel for Respondent No. 1/Bank.

2. The Learned Counsel for the Appellant would submit that the present appeal was registered pursuant to the order dated 03.07.2025, whereby the Learned Predecessor Chairperson directed the Appellant to deposit the waived amount; that, the said amount was deposited and it was noted in the order dated 08.08.2025 that the said order had been complied with and the Registry was directed to register the appeal.

He would further submit that Respondent No. 1/Bank has been appearing in the present case right from 03.07.2025; that, Respondent No. 1/Bank has not filed the reply/objections to the grounds of appeal.

He would further submit that Rule 14 of the Debt Recovery Appellate Tribunal Rules, 1994 provides that the Respondent may file the reply to the grounds of appeal along with the documents within one month from the date of service of notice of the filing of the memorandum of appeal; however, the same has not been filed.

2. Per Contra, the Counsel for Respondent No. 1/Bank would seek one more and last opportunity to file the written reply to the grounds of appeal.

3. Strongly objected to by the Counsel for the Appellant, referring to Rule 14 as stated above.

4. Last opportunity is granted to Respondent No. 1/Bank to file the reply, subject to payment of costs of ₹20,000/- to the DRT Bar Association, Mumbai.

5. List the matter on 09.12.2026 for hearing. Sd/- Chairperson VKC-11

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