Debts Recovery Tribunals and Appellate Tribunals
Vrushali Vinod Kadam vs STATE BANK OF INDIA on 12 October 2026
BEFORE THE DEBTS RECOVERY
APPELLATE TRIBUNAL, AT: MUMBAI
Present: Justice Vivek Bharti Sharma, Chairperson Regular Appeal No. 46/2026
Between
Vrushali Vinod Kadam & Anr.
… Appellant/s
V/s.
State Bank of India & Ors.
…Respondent/s
-: Order dated: 12/10/2026: -
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 : Mr. Herbert Noronha along with Mr. Prafull Mahadik, Counsel for Appellants. Mr. Rony P. J. i/b M/s. Rony & Co., Counsel for Respondent No. 1/Bank. Mr. Rupak Sawangikar along with Mr. Kushal Sawant, Counsel for Respondent No. 5. No representation for other Respondents despite repeated calls.
2. Mr. H. Noronha would submit that he has been instructed by Respondent No. 1/Bank to appear on its behalf in appeal.
3. The Learned Counsel for Appellant has moved an application on 31.08.2026 online (Diary No. 1552/2026) with prayer for impleading the “ Prajakta Properties Pvt. Ltd. ” as Respondent No. 5 on Record.
4. Mr. Rupak Sawangikar would submit that he has been instructed by the proposed Respondent No. 5 to appear on their behalf. He would further submit that vide order dated 21.08.2026, the Hon’ble High Court in Writ Petition No. 10436/2026, filed by the proposed Respondent against the order dated 12.06.2026 passed by the Chairperson in charge (Chennai) in this appeal had directed the Appellant to take the steps for the amendment within two weeks ; that, however , the Appellant by filing this application for impleadment of the proposed Respondent as Respondent No. 5 did not take the steps to file the physical copy of this application by way of praecipe before this Appellate Tribunal. He would further submit that without wasting the precious time this application for the impleadment of the proposed Respondent No. 5 (Diary No. 1552/2026) be allowed.
5. This application for amendment (Diary No. 1552/2026), is allowed in view of the directions by the Hon’ble High Court in Writ Petition No. 10436/2026.
6. The Appellant is directed to file the amended memo of parties within two days.
7. The Hon’ble High Court has further directed in Para No. 7 of the writ petition to decide the application of the now Respondent No. 5 for seeking appropriate orders.
8. The Learned Counsel for Respondent No. 5 seeks directions to the Appellant to provide the complete copy of the amended appeal with all the incidental application within a week.
9. Heard on I.A. (Diary) No. 1702/2026, filed to bring the legal heirs on record.
10. The Learned Counsel for Appellant would submit that Appellant No. 2 has deceased therefore, he seeks permission to bring the legal heirs of deceased i.e. Appellant No. 2, on record.
11. Not objected to by the Counsel for Respondents.
12. I.A. (Diary) No. 1702/2026 is allowed.
13. The Appellants are permitted to amend the Regular Appeal No. 46/2026 as per Schedules A and B annexed in the application.
14. Issue notice to the Respondents, not served, through registered speed post.
15. Steps to be taken within a week.
16. List the matter on 18.11.2026 for further proceedings.
17. Interim order, if any, to continue till the next date of hearing. Sd/- Chairperson 12.10.2026 VKC-15