Debts Recovery Tribunals and Appellate Tribunals

Charm Investments Private Limited vs L. R. Builders Private Limited on 10 November 2026

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**DEBTS RECOVERY APPELLATE TRIBUNAL, DELHI**

**Misc. Appeal No. 384/2026**

**Arising out of OA No. 74/2021 (DRT-II, Delhi)**

**Item No. 6**

**Charms Investments Private Limited**

**V**

**L. R. Builders Private Limited & others**

**10.11.2026 Hon'ble Dr. Justice Sudhir Kumar Jain**

Present: Sh. Jagjit Singh, Senior Advocate along with Sh. Preet Singh and Ms. Shweta Rani, Advocates for appellant Ms. Shilpa Ohri along with Ms. Muskan Puri, Advocates for respondent no. 1

Sh. Vibhor Kapoor, Advocate for respondent no. 2 through VC

This matter is taken up through Hybrid hearing.

**I.A. bearing No. 1728/2026 (application for urgent hearing)**

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1. 1. The appellant who is claiming to be the successor of original applicant i.e., Union Bank of India filed I.A. bearing No. 1313/2026 for seeking attachment of the properties movable and immovable of the respondents no. 2 & 3.

2. 2. The DRT-II, Delhi vide order dated 17.07.2026 has directed for issuance of notice of the said application by all prescribed modes to the respondent no. 3 who was defendant no. 3 in the original application.

3. 3. Sh. Jagjit Singh, Senior Counsel for the appellant informed that the next date of hearing before the DRT-II, Delhi is 08.01.2027 for consideration of I.A. bearing No. 1313/2026. Sh. Jagjit Singh, Senior Counsel for the appellant further stated that due to the delay in the disposal of the I.A. bearing No. 1313/2026 the great prejudice is caused to the financial interest of the appellant who was the OA applicant before the DRT.

4. 4. Issue notice of the application. Ms. Shilpa Ohri, Advocate accepted the notice on behalf of respondent no. 1 and Sh. Vibhor Kapoor, Advocate accepted the notice on behalf of respondent no. 2.

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5. Let respondent no. 3 be served through all permissible modes, returnable on 19.11.2026.

6. In the meantime, the respondents no. 1 & 2 shall be at liberty to file the reply to the appeal with advance copy to the briefing counsel for the appellant.

Sd-

(Dr. Justice Sudhir Kumar Jain) Chairperson

-P\$

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