Debts Recovery Tribunals and Appellate Tribunals

ICICI BANK LTD vs MR. SRIDHAAR SRIRAM IYENGER AND ORS on 1 October 2026

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BEFORE THE DEBTS RECOVERY

APPELLATE TRIBUNAL, AT: MUMBAI

Present: Justice Vivek Bharti Sharma, Chairperson

I.A. No. 699/2023

In

Regular Appeal No. 89/2012

Between

ICICI Bank Ltd.

… Appellant/s

V/s.

Sridhaar Sriram Iyenger & Ors.

…Respondent/s

-: Order dated: 01/10/2026: -

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1. Present as under: Mr. Vatsal Gosalia along with Ms. Aishwarya Mehta i/b M/s. Manilal Kher Ambalal & Co., Counsel for Appellant. Ms. Mallika Sondhi i/b Ms. Sandhya Vasudevan Sondhi, Counsel for Respondent No. 2 through VC. No representation for other Respondents despite repeated calls.

2. The Learned Counsel for Respondents were directed to file the reply to the grounds of appeal way back in August, 2024 and since then it has not been filed.

3. The Counsel for the Respondent prays for the last opportunity to file the reply.

4. Strongly object to by the Counsel for Appellant on the ground that the last opportunity had already been granted.

5. However, in the interest of justice, a last opportunity is granted to file the reply failing which the opportunity to file the reply shall stand closed.

6. List the matter on 19.01.2027 for further proceedings.

Sd/- Chairperson 01.10.2026

VKC-22

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