Debts Recovery Tribunals and Appellate Tribunals
ALICA KRAFT PAPERS PVT LTD AND ORS vs STATE BANK OF INDIA on 6 October 2026
BEFORE THE DEBTS RECOVERY
APPELLATE TRIBUNAL, AT: MUMBAI
Present: Justice Vivek Bharti Sharma, Chairperson M.A. No. 63/2026 (Refund of Money)
In
(Misc. Appeal No. 40/2025-Dismissed)
Between
M/s. Alica Kraft Papers Pvt. Ltd & Ors.
… Appellant/s
V/s.
State Bank of India
…Respondent/s
-: Order dated: 06/10/2026: -
Citations and Judicial Treatment
Cited by
0
Decisions in the index citing it
Cites
0
Decisions referred to
In this index
0
Of the decisions it cites
Overruled / Questioned
0
No negative treatment found
Loading the citing and cited decisions…
This judgment in the centre: on the left the decisions it cites, on the right the decisions citing it. Colour is the treatment; choose a decision to open it.
1. Present as under:
Mr. Sachin Kaikini along with Mr. Dhurmit Chauhan, Counsel for Appellants. Mrs. Rathina Maravarman along with Mr. Q.M. Tauseef, Counsel for Respondent.
2. The matter is taken up for hearing by way of praecipe filed by the appellants for seeking urgent relief.
3. The Learned Counsel for the Appellants would submit that M.A. No. 63/2026 has been filed seeking refund of the pre-deposit amount lying with the Registry. He would further submit that the present matter has already been dismissed and, therefore, the Appellants seek refund of the pre- deposit amount.
4. The Learned Counsel for the Appellant would further submit that, in the prayer clause of M.A. No. 63/2026, inadvertently, the registration number of the application for waiver filed in Regular Appeal No. 1231/2026 has been wrongly typed as I.A. No. 441/2026 instead of I.A. No. 445/2026. He would orally pray that the said reference be read as I.A. No. 445/2026 and that the pre-deposit amount of ₹5,25,00,000/- be appropriated in I.A. No. 445/2026 in Regular Appeal (Diary) No. 1231/2026.
He files pursis to this effect. Same is taken on record.
5. The said prayer is strongly opposed by the Respondent.
6. Accordingly, M.A. No. 63/2026 is allowed.
7. The Registry is directed to adjust the pre-deposit amount of ₹5,25,00,000/- deposited by the Appellants in the present Misc. Appeal No. 40/2025 along with accrued interest, in I.A. No. 445/2026 (WoD) in Regular Appeal (Diary) No. 1231/2026 as prayed for in the application.
8. All pending, I.As if any, stand dismissed. Sd/- Chairperson 06.10.2026
Psa-06