ASREC India Ltd vs FEDERAL BANK on 23 October 2026

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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Justice Vivek Bharti Sharma, Chairperson Regular Appeal No. 60/2022 Between

ASREC India Ltd. (Assignees of Veershaiva Co-op Bank Ltd.) … Appellant/s V/s. The Federal Bank Ltd. & Anr. …Respondent/s

-: Order dated: 23/10/2026: -

Present as under:

Mr. Somesh Talla i/b Ms. Vaishali Bhilare, Counsel for Appellant. Mr. V. N. Aji Kumar i/b M/s. VNA Legal, Counsel for Respondent No. 1/Bank. No representation for another Respondent despite repeated calls.

The Learned Counsel for the Appellant seeks adjournment.

Not objected to by the Counsel for Respondents.

List the matter on 12.01.2027 for hearing.

Meanwhile the parties are directed to exchange the briefs of their submissions to be made by way of arguments and the citations to be relied upon with each other. Sd/- Chairperson 23.10.2026

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