Debts Recovery Tribunals and Appellate Tribunals
MAS Exports vs CITY UNION BANK LIMITED on 11 November 2026
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
IA 1696/2026 (Urgent) in IA 1697/2026 (Delay) in A.IR:2914/2026
MAS Exports & anr V/S City Union Bank ltd 11/11/2026
This application is filed to hear the delay condonation application IA 1697 of 2026 on an urgent basis. Learned Counsel for both sides are present. The other side has no serious objection to this urgent application. Therefore, urgent application IA 1696 of 2026 is allowed.
IA 1697/2026 (Delay)
IA 1696 of 2026 (Urgent) is allowed.
Learned Counsel for both sides are present.
This application filed for condoning the delay of eight days in filing this appeal.
It is a submission of the Learned Counsel for the Petitioners that Petitioners challenged the order dated 25.8.2026 passed by the Learned Presiding Officer, DRT, Coimbatore vacating the stay granted in IA No. 2209 of 2024 in a civil revision petition in CRP No. 6298 of 2026 on the file of Hon'ble High Court of Judicature at Madras on 7.9.2026. The Hon'ble High Court observed that the civil revision petition is not maintainable, and therefore, it was withdrawn. Therefore, this appeal is filed and it is the reason for the delay of eight days in filing this appeal.
Learned Counsel for the Respondent Bank has no serious objections for condoning the delay.
In the circumstances stated in the affidavit for condonation of delay, and with a view to give an opportunity to the petitioner to prosecute this appeal, the delay of eight days in filing this appeal is condoned, subject to payment of costs of Rs. 1,000/- to the Library of DRT/DRAT Bar Association, Chennai, on or before 18.11.2026.
Post the matter for compliance on 20.11.2026. Sd/-
Chairperson