M/S Kanchan Motors Huf Throu. Nishant Prakashchandra Bhutada And ORS v. Indian Bank

JPP NOB-1 IA 38660.2025.doc JYOTI PRAKASH PAWAR JYOTI PRAKASH PAWAR Date: 2026.05.08 15:53:05 +0530

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION INTERIM APPLICATION NO. 38660 OF 2025 IN WRIT PETITION NO. 13514 OF 2025 M/s. Kanchan Motors HUF & Ors.

... Applicants/Petitioners V/s.

Indian Bank ... Respondent _______________________________________ Mr. Pranali R. Rawool i/b. Abhishek Samant and Associates Applicant/Petitioners _______________________________________ CORAM : MANISH PITALE AND FARHAN P. DUBASH, JJ.

DATE : 8th MAY 2026 P.C. :

1.

Not on Board. Mentioned by way of praecipe seeking extension of time for the Debt Recovery Tribunal, Mumbai, to dispose of the pending Securitization Applications. In this matter, on 17th March 2026, extension was granted till 10th April 2026.

2.

We are informed that final hearing of the Securitization Applications is underway, but further time would be required, considering the workload with DRT-I, Mumbai.

1/2

JPP NOB-1 IA 38660.2025.doc 3.

In view of the above, the time for DRT-I, Mumbai to dispose of the pending Securitization Application Nos. 397 of 2024 and 426 of 2024 is extended by four weeks.

4.

It is made clear that no further time shall be granted. ( FARHAN P. DUBASH, J. ) ( MANISH PITALE, J. ) 2/2