Debts Recovery Tribunals and Appellate Tribunals
M/s Shahzad Steel Prop. Dilawar Abbasali Khan vs KOTAK MAHINDRA BANK LIMITED on 3 November 2026
BEFORE THE DEBTS RECOVERY
APPELLATE TRIBUNAL, AT: MUMBAI
Present: Justice Vivek Bharti Sharma, Chairperson Misc. Appeal Diary No. 556/2021
Between
M/s. Shahzad Steel,
Prop. Dilawar Abbasali Khan & Ors.
… Appellant/s
V/s.
The Authorised Officer,
Kotak Mahindra Bank Ltd. & Ors.
…Respondent/s
-: Order dated: 03/11/2026: -
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1. Present as under: Mr. Puneet Gogad, Counsel for Applicants/Borrowers. Ms. Sobha Chavan i/b M/s. V. Deshpande & Co., Counsel for Respondent No. 1. No representation for other Respondents despite repeated calls.
2. The Learned Counsel for the Applicants/Borrowers would submit that the main appeal is still on diary no. as the objections have not been removed.
3. The Counsel for the Applicants/Borrowers seeks last opportunity to remove the objections.
4. The Counsel for the Applicants/Borrowers is directed to remove the objections within four weeks. If the objections are not removed within given time, the appeal shall stand rejected.
5. List the matter on 16.12.2026 for hearing before Ld. Registrar for compliance report.
6. Interim order, if any, to continue till the next date of hearing.
Sd/- Chairperson 03.11.2026
VKC-12