Debts Recovery Tribunals and Appellate Tribunals
MS RAJESH EXPORTS LIMITED vs CANARA BANK on 10 November 2026
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
A.IR:1049/2026
M/s Rajesh Exports Ltd & 2 ors V/S Canara Bank 10/11/2026
IA 760/2026 (Waiver) In AIR 1049/2026 & IA 764/2026 (Waiver) in AIR 1055/2026
Learned Counsel for both sides are present.
Appeal AIR 1049 of 2026 is filed against order dated 18.3.2026 passed by the Learned Presiding Officer, DRT-I, Chennai in CC No. 1 of 2023 in TA No.28 of 2023.
Appeal AIR 1055 of 2026 is filed against the order dated 18.3.2026 passed by the Learned Presiding Officer, DRT-I, Chennai in TA N. 28 of 2023.
When the waiver applications in these appeals are taken up, Learned Counsel for Petitioners/Appellants submitted that in pursuance of the order dated 4.8.2026 of DRT-I, Chennai, which was passed on the basis of the final order passed in TA No.28 of 2023 on 18.3.2026, the Petitioners had already paid a sum of Rs.515,09,31,506.55p towards discharge of the entire due. The Respondent Bank has also issued a No Objection Certificate. Thus, he submits that there is no requirement for making pre-deposit.
The order dated 4.8.2026 of DRT-I, Chennai is not placed before this Tribunal.
Therefore, Learned Counsel for Petitioners is directed to place a copy of the order dated 4.8.2026 of DRT-I, Chennai for the perusal of this Tribunal.
Post the matter on 27.11.2026 for enquiry. Sd/-
Chairperson