State Bank of India v. Asri
Case brief
What is this about?
The DRT allowed a KCC loan recovery application filed by State Bank of India against four respondents (legal heirs of the deceased borrower) for Rs. 33.48 lakhs via sale of mortgaged land under the RDBFI Act.
What did the court decide?
Recovery certificate issued for Rs. 33,48,002/- plus future interest at 10% p.a. to be realized via sale of mortgaged agricultural land and other properties.
What the court decided
“ORIGINAL APPLICATION” No. 066 OF 2022
BEFORE THE DEBTS RECOVERY TRIBUNAL, JAIPUR
PRESENT- SHRI VIVEK SAXENA
PRESIDING OFFICER
O.A. NO. 066 OF 2022
DATE OF DELIVERY OF ORDER 22/09/2022
STATE BANK OF INDIA, Corporate Office at-State Bank Bhawan, Madam Cama Road, Nariman Point, Mumbai-400021
Branch Office at-SARB at 3rd Floor, Matrix Mall, Sector 4, Jawahar Nagar, Jaipur through its Chief Manager (Raj.).
…..Applicant Bank……
VERSUS
1. ASRI W/o. Late Bhonda Khan R/o. Cheerwa, Ramgarh, Alwar (Raj.)
Issues for consideration
1 issue framed by the court
Whether the applicant bank is entitled to the claim as prayed for, including payment through sale of mortgaged agricultural land?
Parties & counsel
- applicant
State Bank of India
- respondent
Asri
- respondent
Mohd. Ameen Khan
- respondent
Mohd. Sareef Khan
- respondent
Mohd. Areef Khan
Case details
As recorded by the court registry
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