THE HON’BLE JUSTICE MOUSHUMI BHATTACHARYA AND THE HON’BLE JUSTICE GADI PRAVEEN KUMAR WRIT PETITION NO.27277 OF 2025 Mr. V.R. Avula, learned counsel representing M/s. Pillix Law Firm for the petitioners.

Mr. S. Ravi, learned Senior Counsel representing Mr. P. Sri Harsha Reddy, learned counsel appearing for the respondent No.3.

ORDER:(Per Hon’ble Justice Moushumi Bhattacharya)

1. The Writ Petition arises out of an order passed by the Debt Recovery Appellate Tribunal, Kolkata (‘DRAT’), on 04.08.2025, in Miscellaneous Appeal No.43 of 2025 filed by the petitioners, who were the appellants before the DRAT.

2. The Appeal was filed by the petitioners from an order dated 03.04.2025, passed by the Debts Recovery Tribunal-II, Hyderabad (‘DRT-II’) in I.A.No.359 of 2025 in O.A.No.1792 of 2017. The I.A. before the DRT-II was filed by the writ petitioners. The O.A.No.1792 of 2017 was filed by the respondent No.4/Canara Bank against the petitioners/borrowers. Pending O.A., ARCIL was assigned the debt from the respondent No.4/Canara Bank based on which ARCIL filed a substitution application. Thereafter, the O.A. was transferred from DRT-I, Hyderabad to DRT-II, Hyderabad and was renumbered as O.A.No.17