HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD THE HON’BLE JUSTICE MOUSHUMI BHATTACHARYA AND THE HON’BLE JUSTICE GADI PRAVEEN KUMAR WRIT PETITION NO.34534 OF 2025 DATE: 13.02.2026 Between M/s. Sri Shiva Sai Industries and Three Others ...Petitioners And The Debts Recovery Appellate Tribunal, At Kolkata and Nine Others.

…Respondents Mr. Minnikanti Laxmi Prasad, learned counsel appearing for the petitioners.

Mr. K.Sundeep, learned counsel appearing for the respondent Nos.2 and 3.

Mr. Nakka Naveen, learned counsel appearing for the respondent No.8.

Mr. V.Brahmaiah Chowdary, learned counsel appearing for the respondent No.10.

ORDER: (Per Hon’ble Justice Moushumi Bhattacharya

1. The Writ Petition has been filed against an order dated 03.09.2025 passed by the Debts Recovery Appellate Tribunal at Kolkata (‘DRAT’) in Appl. Dy. No.663 of 2024 preferred by the petitioners herein from an order passed by the Debts Recovery Tribunal-I at Hyderabad (‘DRT’) on 18.06.2024 in Review Application No.08 of 2023 arising out of S.A.No.459 of 2014.

2. The petitioners herein filed an I.A. in the said Appeal (I.A.No.411 of 2024) praying for waiver of the pre-deposit requirement under section 18(1) of The Secu