Elizabeth and Manikandan vs Piramal Capital and Housing Finance Limited on 6 November 2026

IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI

IA 1272/2026 (Delay) in A.IR:1647/2026

Elizebeth & anr V/S Piramal Capital and Housing Finance Limited 06/11/2026

This application is filed for condoning the delay of 199 days in filing the appeal. It is the submission of the learned counsel for the petitioners that SA 360/2023 has been filed for setting aside the measures initiated by the respondent under Section 13(4) of the SARFAESI Act pursuant to the possession notice dated 30.05.2023 and for other reliefs. This SA 360/2023 was dismissed on 08.10.2025. Prior to dismissal of the SA, second applicant underwent Coronary Artery Bypass grafting x 5 Grafts. He was admitted in the hospital on 27.09.2025 and discharged after surgery on 06.10.2025. After the surgery, second applicant has undertook rest and the first appellant has to attend to him for early recovery. Petitioners had also suffered huge expenses related to surgery. These factors contributed the delay and due to treatment, petitioners are not able to mobilize funds immediately and therefore, there is a delay of 199 days in filing the appeal. Thus, he seeks to condone the delay. Learned counsel for the respondent opposes this application on the ground that even before the disposal of SA 360/2023, second petitioner was discharged from the hospital. Considered the rival submission and perused the records. In view of the afore said reasons with the supporting medical documents for the delay, this condone delay application can be allowed subject to payment of costs of Rs.500/- to the Library Fund of DRT & DRAT Bar Association on or before 20.11.2026. Post the matter on 25.11.2026 for reporting compliance. Sd/-

Chairperson