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2026 Supreme(Online)(DRAT) 337

DEBT RECOVERY APPELLATE TRIBUNAL
Justice Rajesh Dayal Khare
MS ACME PAPER LTD – Appellant
Versus
BANK OF BARODA – Respondent


JUDGMENT

Date of Pronouncement: 29.05.2026

JUSTICE R. D. KHARE, CHAIRPERSON

1. The above mentioned three appeals have been filed by appellant u/s 20 of the Recovery of Debts and Bankruptcy Act, 1993 (hereinafter referred to as “the RDB Act”) against the common impugned order dated 04.06.2025 passed by the Tribunal below, whereby three appeals filed by three different parties u/s 30 of the said Act against the order dated 18.10.2024 passed by the Recovery Officer II, DRT, Jabalpur in TAEX No. 08/2005 have been allowed, therefore; these appeals are being decided by this common order.

2. The Recovery Officer vide the order dated 18.10.2024 had set aside and quashed the Sale proceedings pertaining to the auction conducted on 05.04.2023 in respect of the property being “Agricultural Land on Part of Khasara Nos. 70 admeasuring 1.4 acres, Khasara No. 71 admeasuring 3.33 acres, Khasara No. 72 admeasuring 4.78 acres, Khasara No. 74 admeasuring 2.38 acres, Khasara No. 75 admeasuring 0.50 acres, Khasara No. 76 admeasuring 0.30 acres, Khasara No. 77 admeasuring 0.25 acres, Khasara No. 82/2 admeasuring 0.06 acres & Khasara No. 1159 / 79 admeasuring 1.0 acres, total area 14 acres situated

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