Debts Recovery Tribunals and Appellate Tribunals

K Prasad And Another vs Ms Pragna Industries And Others on 29 July 2026

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IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA Regular Appeal No. 47 of 2026; Date: 29/07/2026

K. Prasad & Anr.------- Appellant

Versus

M/s. Pragna Industries & Ors. --- Respondent Order No.15 29.07.2026

No one appears for the Appellant to file affidavit of service to the proposed legal representatives in compliance to order dated 19/06/2026 passed by the Hon’ble Chairperson.

Registry has received a Review petition being IA/501/2026 by post, filed online on 12/07/2026 and hard copy 29/07/2026 from party-in-person Mr. K. Vinay Kumar and Mr. K. Prasad on behalf of appellant with a prayer to Review the order dated 19/06/2026 passed by the Hon’ble Chairperson. Application fee of Rs. 200 has been paid vide transaction Ref. ID No. 1207260012740 dated 12/07/2026 along with the application.

Received affidavit of service filed by the appellant filed online on 12/07/2026 and hard copy on 29/07/2026. It is seen from the postal tracking report attached along with the affidavit of service that the petition has been served upon respondent no. 2, 4 and 5; whereas sufficient service has not been caused upon respondent no. 1. Since respondent no. 2 is the proprietor of respondent no. 1 hence service upon respondent no. 1 may be treated as sufficient.

Registry has received a petition being IA/500/2026 by post, filed online on 04/07/2026 and hard copy 29/07/2026 from party-in-person Mr. K. Vinay Kumar and Mr. K. Prasad on behalf of appellant with a prayer to direct the bank to hand over the possession of property to Auction purchaser and directing bank to pay total damages of rupees one crore as compensation. Application fee of Rs. 200 has been paid vide transaction Ref. ID No. 0407260016857 dated 04/07/2026 along with the application.

Received affidavit of service filed by the appellant filed online on 12/07/2026 and hard copy on 29/07/2026. It is seen from the postal tracking report attached along with the affidavit of service that the petition has been served upon respondent no. 2, 4 and 5; whereas sufficient service has not been caused upon respondent no. 1. Since respondent no. 2 is the proprietor of respondent no. 1 hence service upon respondent no. 1 may be treated as sufficient.

Appellant also sent one defective pleading & Abatement-volume VIII (Annexure) by post which is kept on record.

No one appears for respondents.

The instant matter may be placed before the Hon’ble Chairperson on 31/07/2026 as admission matter.

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