Debts Recovery Tribunals and Appellate Tribunals
Mahesh tannayan kotiyan vs PUNJAB NATIONAL BANK on 13 October 2026
BEFORE THE DEBTS RECOVERY
APPELLATE TRIBUNAL, AT: MUMBAI
Present: Justice Vivek Bharti Sharma, Chairperson M.A. No. 71/2026
Between
Mahesh Tamnaya Kotiyan & Anr.
… Appellant/s
V/s.
Punjab National Bank & Anr.
…Respondent/s
-: Order dated: 13/10/2026: -
1. Present :
Mr. Gaurang Kinkhabwala, Counsel for Appellant. Ms. Savita Nangare along with Mr. Vinod N. & Ms. Disha Shah i/b M/s. Law Focus, Counsel for Respondent No. 1 Mr. Manmohan Rao, Counsel for Respondent No. 2/Auction Purchaser.
2. The Learned Counsel for Appellants would submit that M.A. No. 71/2026 is filed for withdrawal of the amount which is lying in the registry.
3. The Learned Counsel for Appellants seeks permission to withdraw the pre-deposit amount with accrued interest.
4. Not objected to by the Counsel for Respondents.
5. Accordingly, M.A. No. 07/2026 is allowed.
6. All pending I.As., if any, stand dismissed.
7. The registry is directed to refund the pre-deposited amount along with the accrued interest, if any, to the Appellants as prayed in the of the Application.
Sd/- Chairperson 13.10.2026 VKC-01
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