BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Justice Vivek Bharti Sharma, Chairperson I.A. No. 279/2026(Stay)

In Regular Appeal No. 41/2026 Between Wateredge Hospitality Pvt. Ltd. & Ors. … Appellant/s V/s.

State Bank of India …Respondent/s Mr. Herbert A Naronha, Advocate for Appellants along with Mr. Suresh R. Tandel(Appellant No. 3), Ms. Alpana S. Tandel (Appellant No. 4), Mr. Jay N. Tandel (Son of Appellant No. 2) and Mr. Jeet S. Tandel (Son of Appellant No. 2) are present.

Mr. Rajesh Nagory ,i/b M/s C. C. Gandhi & Co., Advocate for Respondent Bank.

-: Order dated: 29/04/2026: -

The Appellants have challenged the order dated 15.10.2025 (page No.

537) whereby the Learned DRT-II, Ahmedabad has dismissed the application under Section 22(2)(g) of the RDB Act for setting aside the ex- parte judgment an I.A. No. 279/2026 is moved in Appeal for interim stay. 2. The Learned Counsel for the Appellants would further submit that this Misc. Application for interim relief in present appeal is made on the ground that no service of summons of Original Application was affected on Appellant Nos. 1, 2, 3 and 5 rather it was Appellant No. 4/Defendant who had received the summons by s