Debts Recovery Tribunals and Appellate Tribunals

Punjab National Bank vs State Bank of India and Ors. on 26 October 2026

BEFORE THE DEBTS RECOVERY

APPELLATE TRIBUNAL, AT: MUMBAI

Present: Justice Vivek Bharti Sharma, Chairperson M.A. No. 08/2023 (Restoration)

In

(Regular Appeal No. 35/2019-dismissed)

Between

Punjab National Bank

… Appellant/s

V/s.

State Bank of India & Ors.

…Respondent/s

-: Order dated: 26/10/2026: -

1. Present as under: Ms. Aasha Bhuta, Counsel for Appellant. No representation for Respondents despite repeated calls.

2. Heard on Misc. Application No. 08/2023 for restoration of the Regular Appeal No. 35/2019.

3. The Learned Counsel for the Applicant/Appellant would submit that Regular Appeal No. 35/2019 was dismissed for default on 17.11.2022 as nobody had appeared for the Applicant/Appellant. The Counsel for Applicant/Appellant would further submit that the non-appearance was because of reason that Counsel for Appellant’s Mother-in-law had expired in that period.

4. The noting on 28.04.2025 by Ld. Registrar is that an affidavit of service has been filed in respect of service of notice upon the

Respondents through newspaper publication.

4. Considered and perused the record.

5. The Misc. Application No. 08/2023 is restored for the grounds submitted and stated in the application.

6. Misc. Application No. 08/2023 is disposed of accordingly.

7. List the matter on 20.01.2027 for further proceedings. Sd/- Chairperson 26.10.2026

VKC-16

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