Alchemist Asset Reconstruction Company Limited vs Kokila H Shah on 26 October 2026

1. Present as under in Regular Appeal No. 67/2026: Mr. Chirag along with Mr. Nikhil Rajani, i/b M/s. V. Deshpande & Co., Counsel for Appellant. Mr. Puneet Gogad, Counsel for Respondent No.1. Mr. Sharath Pai along with Mr. Charles De’Souza, Counsel for Respondent No.3. Mr. Minesh, i/b Mr. Mahanti, Counsel for Respondent No. 3 (a)

& 3 (c). Present as under in Regular Appeal No. 66/2026:

Mr. Chirag along with Mr. Nikhil Rajani, i/b M/s. V. Deshpande & Co., Counsel for Appellant. Mr. Puneet Gogad, Counsel for Respondent No.1. Mr. Sharath Pai along with Mr. Charles De’Souza, Counsel for Respondent No.3. Mr. Minesh, i/b Mr. Mahanti, Counsel for Respondent No. 4 (a) & 4 (b).

2. The Learned Counsel for the Respondent No.1 would submit that the Appellant has not filed the documents which were produced before the DRT-I, Mumbai, therefore, an opportunity be granted to the Respondent to file reply/objections to the grounds of appeal along with the relevant documents filed before the DRT-I, Mumbai in support of its case.

3. At this stage, the Learned Counsel for the Appellant would submit that an ad-interim order be passed restraining the Respondent from taking any steps in respect of the amount awarded.

4. The Learned Counsel for the Respondent No. 1 would submit that after hearing the parties at length and duly considering the documents filed by the respective parties, the DRT-I, Mumbai passed the reasoned order.

He would further submit that no order of stay can be passed without granting an opportunity to the Respondent No.1 to file a reply and without the relevant documents being placed on record and without being offered an opportunity to be heard thereafter.

5. The reply/objections along with the relevant documents be filed within two weeks.

6. List the case on 17.12.2026 for hearing. Sd/- Chairperson 26.10.2026 Psa- 01 & 02