Debts Recovery Tribunals and Appellate Tribunals

MS TAUSCHEN TRAIDLINK PAVT LTD vs INDIAN BANK on 25 September 2026

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BEFORE THE DEBTS RECOVERY

APPELLATE TRIBUNAL, AT: MUMBAI

Present: Justice Vivek Bharti Sharma, Chairperson Regular Appeal No. 24/2024

Between

M/s. Tauschen Tradelink Pvt. Ltd. & Ors.

… Appellant/s

V/s.

Indian Bank & Anr.

…Respondent/s

-: Order dated: 25/09/2026: -

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1. Present as under:

Ms. Mumtaz Khan, Counsel for Appellants. Ms. Vaishali Bhilare along with Mr. Somesh Talla, Counsel for Respondent No.1. No representation for Respondent No.2 despite repeated calls.

2. The Learned Counsel for the Appellants would submit that she seeks permission to file a rejoinder to the reply filed by Respondent Nos. 1 & 2.

3. The Learned Counsel for Respondent No.1 vehemently opposes the said request on the ground that several opportunities have already been granted to the Appellants to file the rejoinder.

4. Perusal of the Note Sheet dated 09.10.2025 of the Learned Registrar would reflect that Respondent Nos. 1 & 2 had filed their reply; however, no rejoinder was filed by the Appellants despite opportunities having been granted.

The Note Sheet dated 30.07.2025 of the Learned Registrar would further reflect that the Learned Counsel for the Appellants had sought time to file the rejoinder. Thereafter, the matter was listed on 14.01.2026, 27.03.2026 and 09.06.2026, however, the Appellants failed to file the rejoinder.

5. In view of the above, sufficient opportunity having already been granted to the Appellants, the opportunity to file the rejoinder stands closed.

6. List the case on 14.01.2027 for hearing. Sd/- Chairperson 25.09.2026 Psa-07

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