Debts Recovery Tribunals and Appellate Tribunals

KOTAK MAHINDRA BANK LIMITED vs Galore Developers through Resolution Professional on 5 November 2026

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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Justice Vivek Bharti Sharma, Chairperson I.A. No. 637/2026 (CoD) In

Regular Appeal Diary No. 1367/2026 Between

Kotak Mahindra Bank Ltd. … Appellant/s V/s. Galore Developers Pvt. Ltd. & Ors. …Respondent/s

-: Order dated: 05/11/2026: -

Present as under:

Ms. Chinmayee Ghag, i/b M/s. Zastriya, Counsel for Applicant/Borrower. Ms. Dhanshree Bhate, Counsel for the Respondent No.5/Official Liquidator. No representation for other Respondents despite repeated calls.

The matter is taken up for hearing by way of praecipe filed by the Applicant/Borrower for seeking urgent relief. The Learned Counsel for Respondent No.5 seeks time to file the reply to the Condonation application. The reply be filed with an advance copy to the Applicant/Borrower. List the case on 11.02.2027 for further proceedings. Sd/- Chairperson 05.11.2026 Psa-02

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