Reportable / not reportable IN THE DEBT RECOVERY APPELLATE TRIBUNAL - KOLKATA HON'BLE Justice Anil Kumar Srivastava, Chairperson REGULAR APPEAL No. 04 of 2025 (Arising out of MA 46 OF 2024 in O.A. No. 72 of 2018 – DRT-I Hyderabad)

24.04.2025 PEGASUS ASSETS RECONSTRUCTION PRIVATE LIMITED having registered office at Regus Business Centre, Level-4, 1.10.39 to 44, Gumidelli Towers, Begumpet, Hyderabad –

500016.

... Appellant --Vs--

1. INSTRUMENTS TECHNIQUES PRIVATE LIMITED having office at B 2 Co-Operative Industrial Estate, Bala Nagar, Hyderabad – 500037.

2.SRI S RAVI residing at 301, KLK KSHETRA, 8-2-686/7/4, ROAD NO 12, BANJARA HILLS, HYDERABAD- 500034.

3.RAVI ELECTRONICS PVT LTD at FLAT NO 1209, 11TH FLOOR, VASAVI MPM GRAND,YELLA REDDY GUDA ROAD, AMEERPET, Hyderabad – 500073.

4.CATHOLICS SYRIAN BANK LTD at D NO 5-9-241, 1ST FLOOR, OPP GRAMMER SCHOOL, ABID ROAD, Hyderabad –

500001.

... Respondents For Appellant : Mr. Nimish Mishra, Ld. Adv.

Mr. Ankit Chatterjee, ld. Adv.

For Respondent:Mr. Nimish Mishra, ld. adv. resp. no.1 Mr. Rahul Verma, ld.a dv.

Mr. Nemani Srinivas, ld. Adv.

The Appellate Tribunal Instant appeal has arisen against the order dated

20.11.2024 passed by learned DRT-I Hyderabad i