shri Sanket Vasanta Zade v. Canara Bank
Case brief
What is this about?
The Debts Recovery Appellate Tribunal dismissed the miscellaneous appeal automatically because the appellant failed to make the mandatory pre-deposit under section 18 of the SARFAESI Act by the extended deadline of 27.07.2026.
What did the court decide?
Misc. Appeal Diary No. 1204/2026 and all pending I.As. were dismissed.
What the court decided
BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Justice Vivek Bharti Sharma, Chairperson
I.A. No. 440/2026 (WoD)
In
Misc. Appeal Diary No. 1204/2026
Between
Shri Sanket Vasanta Zade & Anr. … Appellant/s
V/s.
Canara Bank …Respondent/s
-: Order dated: 05/08/2026: -
Present:
Mr. Radhe Agrawal, Advocate for Applicant/Borrower, appeared through Video Conference.
Ms. Vaishali Bhilare, Advocate for the Respondent/Bank.
Issues for consideration
1 issue framed by the court
Whether the appeal should be dismissed for failure to make the mandatory pre-deposit under section 18 of the SARFAESI Act within the extended time.
Parties & counsel
- appellant
Shri Sanket Vasanta Zade & Anr.
- respondent
Canara Bank
Coram
Vivek Bharti Sharma
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · August
- CNR
- 271090012042026
- Topic
- Banking and Recovery
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