Debts Recovery Tribunals and Appellate Tribunals

KOTAK MAHINDRA BANK LIMITED vs The Alumunium Manufacturing Company Ltd (In Liquidation) on 18 August 2026

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IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA Misc. Appl. No. 49 of 2025 THE HON’BLE JUSTICE SHRI ANIL KUMAR SRIVASTAVA, CHAIRPERSON 18.08.2026

Kotak Mahindra Bank Ltd.

... Appellant --Vs— The Aluminium Manufacturing Co. Ltd. & Ors. .... Respondents For Appellant : Mr. Pratik Ghosh, ld. Adv.

For Respondent : Mr. Soumya Roy Chowdhury, ld. Adv Ms. Sanchali Bhowmik, ld. Adv. Mr. Aditya Mukherjee, ld. Adv.

THE APPELLATE TRIBUNAL Judgment and order in Misc. Appeal No. 49 of 2025 is pronounced today in Court, which is kept in separate sheets containing 11 pages. Order is as under : “15. Appeal is allowed. Order dated 02.12.2019 passed by learned DRT-I Kolkata is hereby set aside. Learned DRT Kolkata is hereby directed to decide the restoration application in accordance with law after affording opportunity of hearing to the parties.

16. Since the matter is pending from 1980, hence, learned DRT is hereby directed to dispose of the restoration application within 45 days from the date copy of this judgment is received in the DRT-I Kolkata. Parties are directed to appear before DRT-I Kolkata on 07.09.2026. Learned DRT is expected not to grant any adjournment to either of the parties except on any exceptional circumstances.

17. Registrar is directed to communicate this judgment to learned DRT-I Kolkata immediately.” (Anil Kumar Srivastava, J) Chairperson Dated : 18.08.2026 /pkb

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