Debts Recovery Tribunals and Appellate Tribunals

Pushpam Plaza Private Limited vs PUNJAB NATIONAL BANK on 8 October 2026

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BEFORE THE DEBTS RECOVERY

APPELLATE TRIBUNAL, AT: MUMBAI

Present: Justice Vivek Bharti Sharma, Chairperson Regular Appeal Diary No. 1234/2026

Between

Pushpam Plaza Pvt. Ltd. & Anr.

… Appellant/s

V/s.

The Authorised Officer,

Punjab National Bank & Ors.

…Respondent/s

-: Order dated: 08/10/2026: -

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1. Present as under:

Mr. Rafeeq Peermohideen along with Ms. Kalyani Wagle, Counsel for Applicants/Borrowers.

2. The matter is taken up for hearing by way of praecipe filed by the Applicants/Borrowers for seeking urgent relief.

3. The Learned Counsel for the Applicants/Borrowers would submit that the next date of hearing fixed in the present matter is 30.11.2026 and requests that the matter be preponed to enable the parties to complete the pleadings. He would further submit that the order dated 29.09.2026 passed by the Hon’ble High Court of Bombay in Writ Petition No. 9143/2026 does not contain any direction to decide the present appeal in a time-bound manner.

4. In view of the request made, the matter is preponed for the purpose of completion of pleadings.

5. Issue notice to the Respondents by registered speed post.

6. Steps be taken within three days.

7. List the case on 30.10.2026 for hearing. Sd/- Chairperson 08.10.2026

Psa- Praecipe

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