Debts Recovery Tribunals and Appellate Tribunals

JAMMU AND KASHMIR BANK LIMITED vs INDUSTRIAL INVESTMENT BANK OF INDIA LTD Under Members Voluntary Winding up on 30 July 2026

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IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA CHAIRPERSON Appeal No. 132 of 2025

Order No.07 30.07.2026

Jammu & Kashmir Bank Ltd. ……Appellant -Vs- Industrial Investment Bank of India Limited … Respondents Mr. Aritra Kumar Roy(virtual), Learned Counsel for the Appellants Mr. S. Pal Choudhuri, Ms. Saswati Sikder, Learned Counsel for the Respondents. THE APPELLATE TRIBUNAL : Heard the Learned Counsel for the parties. It is a very peculiar case. It appears that an ex parte was passed in O.A. 123 of 2007 on 28.09.2022, thereafter the impugned judgement was passed on 08.08.2025. None of the parties have produced any order as to whether the judgement and order dated 28.09.2022 was recalled or not. Respondent is hereby directed to place on record the order of recall of the order dated 28.09.2022 before the next date of listing. List on 18th August, 2026 for hearing. It is made clear that if the compliance is not made, matter shall be disposed of on merits on the date fixed. (Anil Kumar Srivastava,J) Chairperson Dated 30th July, 2026 12/tk

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