Debts Recovery Tribunals and Appellate Tribunals

M S MCLEOD RUSSEL INDIA LIMITED vs INDUSIND BANK on 8 October 2026

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**DEBTS RECOVERY APPELLATE TRIBUNAL, DELHI**

**(Holding Additional Charge of DRAT, Kolkata)**

**Misc. Appeal DN/1001/2026

Arising out of O.A. No.835/2025 (DRT-I, Kolkata)**

**Item No.3**

**M. S. Mcleod Russel India Limited

V.

Indusind Bank**

**08.10.2026 Hon'ble Dr. Justice Sudhir Kumar Jain**

**Present:** Ms. Pallavi Pratap along with Ms. Nikita Kumari, Advocates for the appellant Sh. Sanjiv Kakra, Senior Advocate along with Ms. Shreya Bhatia, Advocate for the respondent no.1

This matter is taken up through Hybrid hearing.

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1. 1. Ms. Pallavi Pratap, Advocate for the appellant stated that negotiations for amicable settlement are going on with the respondent and requested 2 weeks' time to inform this Tribunal of the modalities of the OTS, if any.

2. 2. Sh. Sanjiv Kakra, Senior Advocate for the respondent no.1 stated that the respondent no.1 is open for consideration of any OTS proposal submitted by the appellant but as per rules and established procedure.

3. 3. List on 16.11.2026.

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**(Dr. Justice Sudhir Kumar Jain) Chairperson Addl. Charge, DRAT, Kolkata**

-pk\$

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