Debts Recovery Tribunals and Appellate Tribunals
PUSHPA vs EQUITAS SMALL FINANCE BANK LIMITED on 4 November 2026
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
IA 393/2026 (Waiver) & IA 1406/2026 (Substitution) in A.IR:95/2026
Pushpa V/S M/s. Equitas Small Finance Bank ltd & Ors 04/11/2026
IA 393/2026 (Waiver) & IA 1406/2026 (Substitution)
Learned Counsel for Petitioner is present.
IA 1406 of 2026 is filed for substitution of M/s. Equitas Small Finance Bank Ltd with M/s. JM Financial Asset Reconstruction Company.
Notice to R1, R2, R4-R7 served.
Mr. T.K.M Sai Krishnan already filed Vakalat for R1.
Despite service of notice to R2, there is no representation for R2.
Mr.Sheik Mohammed already filed Vakalat for R4 to R5.
Mr. M. Vinoth already filed Vakalat for R6.
Mr. T.K.M. Sai Krishnan offered to file Vakalat for R7, the proposed 7 th Respondent.
In view of the assignment of loan by R1 in favour of the proposed R7, namely, M/s. JM Financial Asset Reconstruction Company, the substitution application is taken on record, and accordingly IA 1406 of 2026 filed for substitution of R1 with R7 is allowed.
Petitioner is directed to make proper amendment in the appeal book.
List the waiver application for hearing on 12.11.2026.
Sd/-
Chairperson