Debts Recovery Tribunals and Appellate Tribunals
SHYAMAL KARMAKAR vs PUNJAB NATIONAL BANK on 11 August 2026
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IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA CHAIRPERSON
Misc. Appeal Diary No. 833 of 2026 Order No. 02 11.08.2026 Shyamal Karmakar … Appellant -Vs- Punjab National Bank & Another … Respondents Mr. Nemani Srinivas with Mr. Snehasish Chakraborty, Learned Counsel for the Appellant Ms. Anindita Das, Learned Counsel for Respondent No.1/Bank
THE APPELLATE TRIBUNAL: For Admission I.A. 527 of 2026 Application, under Section 18(1) of the SARFAESI Act, 2002, praying for waiver from making pre deposit. At the very outset, Learned Counsel for Respondent submits that an amount of Rs.9,26,234.15 is debt due as on date. Learned Counsel for Appellant submits that he will be depositing Rs.4.00 lac towards pre deposit during course of the day. Accordingly, I.A. 527 id 2026 is disposed of subject to payment of Rs.4.00 lac. Admit the appeal by providing regular appeal number.
2
Issue
notice upon the Respondent No.
2. Affidavit-of-service be filed within a week.
Opposition be filed within a week with copy to the Appellant. List on 7th September, 2026 for hearing of appeal till then Respondent Bank shall not take any coercive measure as far as Section 14 of the SARFAESI Act, 2002 is concerned.
(Anil Kumar Srivastava,J) Chairperson Dated: 11th August, 2026 03/ac