Debts Recovery Tribunals and Appellate Tribunals
Nitin Eknath Pawar vs BHARAT COOPERATIVE BANK MUMBAI LIMITED on 12 November 2026
BEFORE THE DEBTS RECOVERY
APPELLATE TRIBUNAL, AT: MUMBAI
Present: Justice Vivek Bharti Sharma, Chairperson M.A. No. 84/2026
In
(Misc. Appeal No. 95/2026-Disposed of)
Between
Nitin Eknath Pawar
… Appellant/s
V/s.
Bharat Co-operative Bank Mumbai Ltd. & Ors.
…Respondent/s
-: Order dated: 12/11/2026: -
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1. Present as under:
Mr. Sanjay Anabhawane, Counsel for Appellant. Ms. Sanjana Ghogare, Counsel for Respondent No.1/Bank. No representation for other Respondents despite repeated calls.
2. The Learned Counsel for the Appellant would submit that M.A. 84/2026 has been filed seeking release of the pre-deposit amount of ₹38,12,092/- along with accrued interest, if any deposited in Misc. Appeal No.95 of 2026.
3. The Learned Counsel for the Appellant would submit that the Appellant had undertaken before the Learned DRT-II, Mumbai to withdraw the aforesaid pre-deposit amount along with accrued interest and deposit the same with Respondent No.1/Bank. The said undertaking was taken on record vide order dated 02.11.2026. Accordingly, the Appellant seeks release of the amount directly in favour of Respondent No.1/Bank to comply with the said undertaking as prayed in the application.
4. The Learned Counsel for the Respondent No.1/Bank has not objection for the same.
5. Considering the submissions made and the undertaking taken on record by the Learned DRT-II, Mumbai vide order dated 02.11.2026, the present M.A. No. 84/2026 is allowed.
6. Accordingly, the Registry is directed to release the pre-deposit amount of ₹38,12,092/- along with accrued interest, if any, directly in favour of Respondent No.1/Bharat Co-operative Bank (Mumbai).
7. All pending, I.As if any, stand dismissed. Sd/- Chairperson 12.11.2026 Psa-02