State Bank of India vs Hubtown Bus Terminal Vadodara Pvt Ltd and Ors on 21 October 2026

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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Justice Vivek Bharti Sharma, Chairperson Misc. Appeal No. 32/2022 Between

State Bank of India … Appellant/s V/s. Hubtown Bus Terminal (Vadodara) Pvt. Ltd. & Ors. …Respondent/s

-: Order dated: 21/10/2026: -

Present as under: Mr. Jitesh V. Jadhav i/b Ms. Deepa Dixit, Counsel for Appellant. No representation for Respondents despite repeated calls.

The Learned Counsel for the Appellant submits that he has filed I.A. No. 511/2025 seeking substitution of Omkara Assets Reconstruction Pvt. Ltd. in place of the Appellant, State Bank of India, and prays that the application be allowed.

Accordingly, I.A. No. 511/2025 is allowed.

The Appellant is directed to file an amended memo of parties, with an advance copy to the other side, within two weeks.

List the matter on 30.11.2026 for further proceedings. Sd/- Chairperson 21.10.2026

VKC-22