Debts Recovery Tribunals and Appellate Tribunals

EDELWEISS ARC LIMITED vs UNION OF INDIA on 6 August 2026

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IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA CHAIRPERSON Appeal Dy. No. 494 of 2026

Order No. 06 06.08.2026

Edelweiss Asset Reconstruction Company Limited ……Appellant -Vs- Union of India & Ors. … Respondents Mr. Pratik Ghose, Learned Counsel, Mr. Abhishek Rey Chowdhury, Learned Counsel for the Appellants Mr. Ajit Kumar Mishra, Learned Counsel, Mr. Abhishek Dey, Learned Counsel for the Respondent No. 1 and 2. THE APPELLATE TRIBUNAL : I.A. No. 336 of 2026 Application under Section 5 of Limitation Act, 1963 for condonation of delay of 46 days in filing the Appeal against the judgement and order dated 27th February, 2026 passed by the Learned DRT-2 Hyderabad in S.A. No. 47 of 2023. Appeal is filed on 14.05.2026. It is submitted that the delay in not intentional. Rather, the delay was caused in obtaining the necessary approvals and the preparation of memo of Appeal. Opposed by the Learned Counsel for the Respondent Nos. 1 and 2. Having considered the submissions, I found the ground to be sufficient. Accordingly, I.A. No. 336 of 2026 is allowed. Delay in filing the Appeal is condoned.

2 Admit the Appeal by providing a regular Appeal number. Let hard copy of the Paper Book be served upon Respondent Nos. 1 and 2. Thereafter, opposition be filed within two weeks with copy to the Appellant who may file rejoinder within two weeks thereafter. List on 7th October, 2026 for hearing of Appeal.

(Anil Kumar Srivastava,J) Chairperson Dated 6th August, 2026 3/tp

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