Debts Recovery Tribunals and Appellate Tribunals

STATE BANK OF INDIA vs Avon Elements Private Limited on 3 November 2026

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**DEBTS RECOVERY APPELLATE TRIBUNAL, DELHI**

**Misc. Appeal No. 385/2026**

**Arising out of SA No. 267/2023 (DRT-I, Delhi)**

**Item No. 09**

**State Bank of India**

**V**

**M/s Avon Elements Private Limited**

**03.11.2026 Hon'ble Dr. Justice Sudhir Kumar Jain**

Present: Sh. Amrendra Kumar Singh, Advocate for appellant This matter is taken up through Hybrid hearing.

**I.A. No. 1727/2026 (application for condonation of delay)**

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1. The instant application is filed for seeking condonation of delay of 35 days in filing the present appeal due to the reason as stated in the application. After considering all facts, the delay of 35 days in filing the present appeal is condoned. The application is decided accordingly.

**Misc. Appeal No. 385/2026**

2. The respondent filed S.A. bearing No. 267/2023 titled as **M/s Avon Elements Private Limited v State Bank of India** which is stated to be pending before the DRT-I, Delhi.

3. The appellant being respondent in S.A. filed I.A. bearing No. 3263/2024 which has not been disposed of since the date of filing of the said application. Sh. Amrendra Kumar Singh, Counsel for the appellant stated that the present SA has become infructuous as the appellant has initiated measures under SARFAESI Act. Accordingly, the DRT-I, Delhi is directed to consider and adjudicate the I.A. bearing No. 3263/2024 on the next date of hearing or any other date so fixed by the DRT but not later than two weeks. The appeal is accordingly, dismissed as become infructuous.

4. The copy of this order be sent to concerned DRT for information and compliance.

----- **(Dr. Justice Sudhir Kumar Jain)** **Chairperson**

-N

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