Debt Recovery Appellate Tribunal extended time for compliance of a conditional order by granting three weeks further time amidst a dispute over partial instalment payment and hardship pleas.
Three weeks further time for compliance of balance due towards instalments granted.
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DEBT RECOVERY APPELLATE TRIBUNAL-MUMBAI (SITTING AT -CHENNAI)
I.A. No. 689/2025 (EoT)
In
Misc. Appeal Dy. No. 1374/2025
Dated: 6.11.2025
The matter is taken up for hearing by way of a Praecipe filed by the Petitioners/Appellants seeking urgent relief.
compliance of conditional order passed on 29.09.2025 in waiver application in I.A. No. 609/2025. This waiver application is listed today for reporting
time for compliance of the 2nd instalment. the 1st instalment in time and they want four weeks' further Learned Counsel for Petitioners/Appellants submitted that in compliance of the order, Petitioners/Appellants deposited
The Court Officer informed that in compliance of 1 st instalment only ₹17.50 lakhs was deposited and still there is due of ₹33,885/-.
the plea of hardship, no valid reasons are given. extension of time for compliance on the ground that except Learned Counsel for Respondent Institution opposed the
Considered the rival submissions and perused the records.
into consideration and also the hardship expressed, this for compliance of balance towards 1st instalment and the 2nd instalment, i.e., on or before 27.11.2025. Tribunal is inclined to grant further three weeks' time i.e. It is seen from the submission of the Learned Counsel for was deposited towards conditional order. Taking this aspect Petitioners/Appellants and Court Officer that 17.50 lakhs
Therefore, post the matter on 01.12.2025 for reporting compliance.
Interim already granted is extended till then.
CHAIRPERSON, DRAT, CHENNAI (IN-CHARGE, DRAT, MUMBAI
MKS-02
1 provisions across 1 enactments
Petitioners/Appellants
Respondent Institution
CHAIRPERSON, DRAT, CHENNAI
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
