Debts Recovery Tribunals and Appellate Tribunals
DSR RURAL FARMERS WARE HOUSE vs UNION BANK OF INDIA on 17 August 2026
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IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA CHAIRPERSON Appeal Diary No. 131 of 2024 Order No. 12 17.08.2026 M/s. DSR Rural Farmer’s Ware House & 2 Others … Appellants -Vs- Union Bank of India & 5 Others …Respondents Mr. G.K. Deshpandey (Virtual) with Mr. Sreyash Basu Dasgupta, Learned Counsel for the Appellants Mr. Pankaj Kumar Mukherjee (Virtual), Learned Counsel for Respondent No.1/Bank Mr. Nemani Srinivas, Learned Counsel for Respondent Purchaser THE APPELLATE TRIBUNAL:
I.A. 68 of 2024 Application praying for waiver from making pre-deposit under Proviso to Section 18 of the SARFAESI Act 2002. In paragraph 5 of the Affidavit, there is an assertion for payment of certain amount by the Appellants. Learned Counsel for Respondent Bank sought for time to file opposition for the same. Learned Counsel for Appellant also submits that an amount of Rs.28.00 lac was also deposited. Respondent Bank should also state in the reply as to whether that amount is adjusted or not.
Affidavit-in-opposition be filed within two weeks with copy to Appellant. Rejoinder, if any, be filed within a week thereafter. List on 9th October, for hearing of I.A. 68 of 2024.
(Anil Kumar Srivastava,J) Chairperson Dated: 17th August, 2026 04/ac