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Core Purpose

The Central Government authorizes the Chairperson of the Debts Recovery Appellate Tribunal, Chennai, to discharge the functions of the Chairperson of the Debts Recovery Appellate Tribunal, Mumbai, for a specific appeal.

Detailed Summary

The Ministry of Finance (Department of Financial Services) issued Order S.O. 1163(E) on 5th March, 2026, in New Delhi, exercising powers conferred by sub-section (3) of section 8 of the Recovery of Debts and Bankruptcy Act, 1993 (51 of 1993). This order authorizes the Chairperson of the Debts Recovery Appellate Tribunal, Chennai, to additionally discharge the functions of the Chairperson of the Debts Recovery Appellate Tribunal, Mumbai. This authorization is specifically for deciding the appeal in the matter of 'Bharti G. Patel Vs Punjab National Bank & Ors. [Misc. Appeal Diary No. 1683 of 2025 and its connected proceedings]', while maintaining their existing role as Chairperson of the Debts Recovery Appellate Tribunal, Chennai. The order was signed by Sudhir Shyam, Economic Adviser, with File No. 09/07/2026-DRT.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-05032026-270682 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 1111] NEW DELHI, THURSDAY, MARCH 5, 2026/PHALGUNA 14, 1947 1591 GI/2026 MINISTRY OF FINANCE (Department of Financial Services) ORDER New Delhi, the 5th March, 2026 S.O. 1163(E). In exercise of the powers conferred by sub-section (3) of section 8 of the Recovery of Debts and Bankruptcy Act, 1993 (51 of 1993), the Central Government hereby authorises the Chairperson of the Debts Recovery Appellate Tribunal, Chennai to discharge also the functions of the Chairperson of the Debts Recovery Appellate Tribunal, Mumbai for deciding the appeal in the matter of 'Bharti G. Patel Vs Punjab National Bank & Ors. [Misc. Appeal Diary No. 1683 of 2025 and its connected proceedings]', in addition to his being the Chairperson of the Debts Recovery Appellate Tribunal, Chennai. [F. No. 09/07/2026-DRT] SUDHIR SHYAM, Economic Adviser

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