Debts Recovery Tribunals and Appellate Tribunals
M/s Surya Wires Pvt. Ltd. vs CENTRAL BANK OF INDIA on 29 October 2026
**DEBTS RECOVERY APPELLATE TRIBUNAL, DELHI**
**(Holding Additional Charge of DRAT, Allahabad)**
**Misc. Application/339/2026**
**In**
**Misc. Appeal DN/2332/2026**
**Arising out of S.A.766/2026 (DRT, Jabalpur)**
**Item No.1**
**M/s Surya Wires Private Limited
V.
Central Bank of India**
**29.10.2026 Hon'ble Dr. Justice Sudhir Kumar Jain**
**Present: Sh. Sunil Kumar Srivastava, Advocate for Central Bank**
This matter is taken up through Hybrid hearing.
Citations and Judicial Treatment
Cited by
0
Decisions in the index citing it
Cites
0
Decisions referred to
In this index
0
Of the decisions it cites
Overruled / Questioned
0
No negative treatment found
Loading the citing and cited decisions…
This judgment in the centre: on the left the decisions it cites, on the right the decisions citing it. Colour is the treatment; choose a decision to open it.
1. 1. The matter is taken up in pursuance of the letter dated bearing no.682 dated 19.10.2026 sent by DRT, Jabalpur for seeking extension of time for disposal of I.A. bearing No.474/2026 in S.A bearing no.766/2026.
2. 2. This Tribunal vide order dated 23.09.2026, while disposing of Misc. Appeal filed vide Dy. No.2332/2026 titled as **Surya Wires Private Limited V. Central Bank of India**, had directed DRT, Jabalpur to dispose of the I.A. bearing no.474/2026 filed by the appellant within 15 days from the date of receipt of the order dated 23.09.2026, after hearing the concerned parties. DRT, Jabalpur vide letter dated 19.10.2026 has requested for extension of time for disposal of I.A. bearing no.474/2026 by further period of three months due to the reasons of pendency of about 10,000 cases and additional charge of other DRTs. It is further stated that DRT is required to accord priority to urgent and time-bound matters over other matters.
3. 3. It is made clear that once a direction is given by the superior authority, it has to be given priority and the authorities below are bound to comply with the said direction given, without fail. The time given cannot be extended due to the reasons that time-bound and other matters which have been directed to be disposed of by superior courts are required to be taken up besides old matters.
-2-
4. Sh. Sunil Kumar Srivastava, Advocate has today appeared for respondent Central Bank of India. He stated that the next date before DRT, Jabalpur is 18.11.2026 and the respondent is not contemplating to take possession of the subject property immediately, as DRT, Jabalpur has already restrained the bank till further orders.
5. Taking into consideration the totality of the circumstances, the time granted by this Tribunal vide order dated 23.09.2026 for disposal of I.A. bearing no.474/2026 is further extended by 15 days from the date of this order. Copy of the order be sent to DRT, Jabalpur for information and compliance.
---
(Dr. Justice Sudhir Kumar Jain) Chairperson Addl. Charge, DRAT, Allahabad
-pk§