Debts Recovery Tribunals and Appellate Tribunals

THE DEPUTY GENERAL MANAGER KARNATAKA SMALL INDUSTRIES DEVELOPMENT CORPORATION LIMITED vs STATE BANK OF INDIA on 21 October 2026

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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI

Dated the 21st day of October, 2026

PRESENT: HON’BLE MR. JUSTICE G. CHANDRASEKHARAN

CHAIRPERSON

IA 1180 of 2026 (Waiver) in AIR 569 of 2025

(arising out of OA 2341 of 2016 on the file of DRT-I, Karnataka at Bengaluru)

Between

The Deputy General Manager,

Karnataka Small Industries Development

Corporation Limited,

AO Building, Industrial Estate,

Rajajinagar,

Bengaluru – 560 010

… Appellant

And

1.

State Bank of India

SSI Peenya Industrial Estate Branch,

Represented by its Chief Manager,

Sri. Lambodar Mishra,

120, 100 Ft. Road, 3rd Phase,

Peenya Industrial Area,

Bengaluru – 560 058

2.

Sri Venkatesh Murthy S.

S/o. Sri Samarajan,

Proprietor M/s. Lakshmi Engineering Works, C-271, 3rd Main I Stage, Peenya Industrial Estate, Bengaluru – 560 058

... Respondents

Counsel for Appellant:

M/s. T.R. Sundaram

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ORDER

Learned Counsel for the Petitioner/Appellant is present. No representation for the Respondents.

2. Conditional order dated 4.8.2026, passed in the waiver application, is not complied.

3. Therefore, IA 1180 of 2026 (Waiver) is dismissed for non-compliance. Consequently, appeal AIR 569 of 2025 is rejected.

Sd/- (JUSTICE G. CHANDRASEKHARAN) CHAIRPERSON

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