In this matter, the DRT Jaipur addressed a motion appeal seeking an extension of time granted by the Lok Adalat for a settlement. The court held that while the Tribunal is functus officio, it allowed the bank to accept payment within the sought period.
The applicant was granted liberty to accept payment from the bank within the time sought.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
Court of the Presiding Officer Debts Recovery Tribunal, Jaipur
Item No. 92
Case No.MA/189/2026 IN SA/238/2024
RATNAWAL GEMS AND JEWELLERS Vs AU SMALL FINANCE BANK LIMITED
Date: 01.09.2026.
Proceedings through hybrid mode Present:
Shri Akarsh Mathur, Counsel for the Applicant
Shri R N Vijay, Counsel for the Respondent Bank/FI
(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Jaipur
cm
1 issue framed by the court
Whether the Debts Recovery Tribunal can extend the time granted by the Lok Adalat when the Tribunal is functus officio to such settlements.
Ratawal Gems and Jewellers
AU Small Finance Bank Limited
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
