Debts Recovery Tribunals and Appellate Tribunals

Arya Building Solutions vs CANARA BANK on 2 November 2026

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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI

IA 824/2026 (Waiver) in A.IR:1083/2026

Arya Building Solutions V/S Canara Bank & anr 02/11/2026

Learned Counsel for both sides are present.

When the matter is taken up today, Learned Counsel for the Petitioner produced order dated 3.9.2026 passed by the Hon’ble High Court of Karnataka at Bengaluru in WP No.26662 of 2026 wherein the Hon’ble High Court passed the following order:

“Further proceedings pursuant to the issuance of sale certificate dated 23.1.2025 issued by the Respondent Bank before the Debts Recovery Appellate Tribunal shall be kept in abeyance.”

Therefore, post the matter on 22.1.2027.

It is the submission of the Learned Counsel for Respondent Bank that the order is not available on the website. Therefore, Learned Counsel for Petitioner is directed to serve a copy of the above order dated 3.9.2026 of the Hon’ble High Court of Karnataka at Bengaluru to the Learned Counsel for Respondent Bank.

Sd/-

Chairperson

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