Allowed

Rajasthan Marudhara Gramin Bank v. Anchi

DRT23 Oct 2023OA/739/2023

Case brief

AI extract

What is this about?

A Debt Recovery Tribunal allowed an Original Application filed by Rajasthan Marudhara Gramin Bank against three respondents for recovery of a loan sum of Rs. 20,99,127/- with future interest, declaring them jointly and severally liable and ordering the issuance of a Recovery Certificate.

What did the court decide?

Defendants ordered to pay Rs. 20,99,127/- with future interest; Recovery Certificate issued for recovery via sale of hypothecated stocks and mortgaged properties; costs awarded to applicant bank.

Rajasthan Marudhara Gramin Bank versus Anchi — Banking and Recovery | DRT (2023)

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"ORIGINALAPPLICATION" No: 739 OF 2023 BEFORE THE DEBTS RECOVERY TRIBUNAL, JAIPUR PRESENT-SHRI VIVEK SAXENA PRESIDING OFFICER

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O.A. NO. 739 OF 2023

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DATE OF DELIVERY OF ORDER 23.10.2023

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The Rajasthan Marudhara Gramin Bank , herein after called as “RMGB” a Bank and Government of India Undertaking a body corporate constituted under the provisions of the Regional Rural Banks Act, 1976, having its Head Office at Tulsi Tower, 9th B Road, Sardarpura, Jodhpur - 342003, Rajasthan and Stressed Asset Resolution Cell (SARC) 274, Guru Jambeshwar Nagar, Gandhi Path, Vaishali Nagar, Jaipur - 302021 and Branch/Offices all over Rajasthan, including one of its Branch/Office at Rajasthan Marudhara Gramin Bank, Lalamdesar, Dist. Bikaner through its Assistant General Manager (SARC) Mr. Upendra Shekhawat.

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……...APPLICANT BANK

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VERSUS

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Anchi @ Anacha Devi W/O Dhonkala Ram

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Address Line 1 – VPO Jaisinghdesar Magra, Teh. Nokha, Dist. Bikaner-334803

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Address Line 2 – 231, Pashu Chikitsalay, JaisinghdesarMagra, Teh. Nokha, Dist. Bikaner (Borrower)

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Brijalal S/O Dhonkalaram

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Address Line 1– VPO Jaisinghdesar Magra, Teh. Nokha, Dist. Bikaner-334803

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Address Line 2–231, Pashu Chikitsalay, Jaisinghdesar Magra, Teh. Nokha, Dist. Bikaner

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(Co-Borrower)

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Rampyari W/O Hariram Jat

OA No. 739 of 2023

Address Line – Lalamdesar, Teh. Nokha, Dist. Bikaner

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(Guarantor)

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………. DEFENDANTS

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Counsel for the Applicant Bank: Harish Chandra Sharma/ Mahendra Rana

Defendants

Ex-Parte

JUDGMENT

1. The Applicant Bank filed this O.A. on 21.04.2023, against the Defendants for the recovery of a sum of Rs.20,99,127/with pendentelite & future interest till payment or realization.

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2. As per O.A., Defendants approached the Applicant Bank for financial assistance. After due consideration, agricultural loan facilities were sanctioned by the Applicant Bank in favour of Defendants. Defendants failed to maintain financial discipline and therefore, their loan accounts were classified as NPA. Applicant Bank has therefore, filed this original application for recovery of its dues against the Defendants.

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3. Defendants were proceeded ex-parte and their right to file reply was closed.

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4. As stated supra, the applicant bank filed the evidence affidavit coupled with the recitals in the documents, viz Exhibit A/1 to A/18marked on behalf of the applicant bank, clinches the claim of the applicant bank against the defendants. Hence, I hold that the defendants are jointly and severally liable to pay to the applicant bank the claim made in O.A. with future interest and costs.

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5. In the result, this O.A. No. 739 of 2023 is allowed declaring that: -

OA No. 739 of 2023

a) The defendants are jointly and severally liable to pay to the applicant bank a sum of Rs. 20,99,127/- (Twenty Lakh Ninety-Nine Thousand One Hundred TwentySeven Only), with future interest @ 10.00 % p.a. (Simple) for KCC from the defendants from 27.03.2023 till the date of realization.

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b) The applicant bank is entitled to recover the above amount by sale of hypothecated whole of the stocks, both present and future, raw materials, work-inprogress, semi-finished goods and finished goods, packing materials etc. and created mortgage of immovable property as under:-

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Village	Khata	Khasra	Area	Shared in	Total Area
	No.	No.	(Hect.)	Land	(Hect.)
		469/1,	0.25 Hect.
Lalamdesar,	5	477,	4.92 Hect.	8.22 Hect.	8.22 Hect.
Bikaner		478	0.12 Hect.
		525/1	2.93 Hect.

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as well as from the personal movable and immovable properties/assets of Defendants, jointly and severally. The applicant bank is entitled to proceed against the same towards recovery of its debt.

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c) The applicant bank is entitled to the costs of the O.A.

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6. The Recovery Certificate be issued forthwith and be sent to the Recovery Officer, DRT, Jaipur.

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7. Parties are directed to appear before the Recovery Officer, DRT, Jaipur on 26.12.2023 .

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8. Prepare Recovery Certificate accordingly.

OA No. 739 of 2023

9. A copy of the Judgment and Recovery Certificate be given or sent by registered post to each of the parties free. A copy of the Recovery Certificate be sent to the Recovery Officer of this Tribunal for necessary action as per the law.

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(Vivek Saxena) Presiding Officer, Debts Recovery Tribunal, Jaipur

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Order pronounced in the open court today i.e.23.10.2023.

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(Vivek Saxena) Presiding Officer, Debts Recovery Tribunal, Jaipur

OA No. 739 of 2023

BEFORE THE DEBTS RECOVERY TRIBUNAL, JAIPUR PRESENT-SHRI VIVEK SAXENA PRESIDING OFFICER O.A. NO. 739 OF 2023

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DATE OF DELIVERY OF ORDER 23.10.2023

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RECOVERY CERTIFICATE

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(UNDER SUB Section 22 of the Recovery of Debts due to Banks and Financial Institutions Act, 1993 (Act 51 of 1993)

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The Rajasthan Marudhara Gramin Bank , herein after called as “RMGB” a Bank and Government of India Undertaking a body corporate constituted under the provisions of the Regional Rural Banks Act, 1976, having its Head Office at Tulsi Tower, 9th B Road, Sardarpura, Jodhpur - 342003, Rajasthan and Stressed Asset Resolution Cell (SARC) 274, Guru Jambeshwar Nagar, Gandhi Path, Vaishali Nagar, Jaipur - 302021 and Branch/Offices all over Rajasthan, including one of its Branch/Office at Rajasthan Marudhara Gramin Bank, Lalamdesar, Dist. Bikanerthrough its Assistant General Manager (SARC) Mr. Upendra Shekhawat.

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... APPLICANT BANK

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VERSUS

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1. Anchi @ Anacha Devi W/O Dhonkala Ram

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Address Line 1 – VPO Jaisinghdesar Magra, Teh. Nokha, Dist. Bikaner-334803

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Address Line 2 – 231, Pashu Chikitsalay, Jaisinghdesar Magra, Teh. Nokha, Dist. Bikaner

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(Borrower)

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2. Brijalal S/O Dhonkalaram

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Address Line 1– VPO Jaisinghdesar Magra, Teh. Nokha, Dist. Bikaner-334803

OA No. 739 of 2023

Address Line 2–231, Pashu Chikitsalay, Jaisinghdesar Magra, Teh. Nokha, Dist. Bikaner

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(Co-Borrower)

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3. Rampyari W/O Hariram Jat

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Address Line – Lalamdesar, Teh. Nokha, Dist. Bikaner

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(Guarantor)

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……….DEFENDANTS

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Recovery Certificate for Rs. 20,99,127/-

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In terms of final order dated 23.10.2023 passed by this Tribunal in the above-mentioned case, it is ordered that the-

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a) The Defendants are jointly and severally liable to pay to the applicant bank a sum of Rs. 20,99,127/- (Twenty Lakh Ninety-Nine Thousand One Hundred TwentySeven Only), with future interest @ 10.00 % p.a. (Simple) for KCC and for ATL & CFH from the defendants as on 27.03.2023 till the date of realization.

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b) The applicant bank is entitled to recover the above amount by sale of hypothecated whole of the stocks, both present and future, raw materials, work-inprogress, semi-finished goods and finished goods, packing materials etc. and created mortgage of

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immovable property as under-

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Village	Khata	Khasra	Area	Shared in	Total Area
	No.	No.	(Hect.)	Land	(Hect.)
		469/1,	0.25 Hect.
Lalamdesar,	5	477,	4.92 Hect.	8.22 Hect.	8.22 Hect.
Bikaner		478	0.12 Hect.
		525/1	2.93 Hect.

OA No. 739 of 2023

as well as from the personal movable and immovable properties/assets of Defendants, jointly and severally. The applicant bank is entitled to proceed against the same towards recovery of its debt.

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c) The applicant bank is entitled to the costs of the O.A.

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Parties are directed to appear before the Recovery Officer, DRT, Jaipur on 26.12.2023 .

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The Recovery Officer shall realize the amount as per this Certificate in the manner and mode prescribed under Section 25 and 28 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (as amended from time to time) from the above-named Certificate Debtors.

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This Certificate has been issued under my signatures and seal of the Tribunal on this 23.10.2023.

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(Vivek Saxena)

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Presiding Officer, Debts Recovery Tribunal, Jaipur

OA No. 739 of 2023

BEFORE THE DEBTS RECOVERY TRIBUNAL, JAIPUR PRESENT-SHRI VIVEK SAXENA PRESIDING OFFICER O.A. NO. 739 OF 2023

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DATE OF DELIVERY OF ORDER 23.10.2023

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SCHEDULE TO RECOVERY CERTIFICATE

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MEMO OF COST

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The Rajasthan Marudhara Gramin Bank , herein after called as “RMGB” a Bank and Government of India Undertaking a body corporate constituted under the provisions of the Regional Rural Banks Act, 1976, having its Head Office at Tulsi Tower, 9th B Road, Sardarpura, Jodhpur - 342003, Rajasthan and Stressed Asset Resolution Cell (SARC) 274, Guru Jambeshwar Nagar, Gandhi Path, Vaishali Nagar, Jaipur - 302021 and Branch/Offices all over Rajasthan, including one of its Branch/Office at Rajasthan Marudhara Gramin Bank, Lalamdesar, Dist. Bikanerthrough its Assistant General Manager (SARC) Mr. Upendra Shekhawat.

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.. .APPLICANT BANK

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VERSUS

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1. Anchi @ Anacha Devi W/O Dhonkala Ram

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Address Line 1 – VPOJaisinghdesarMagra, Teh. Nokha, Dist. Bikaner-334803

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Address Line 2 – 231, Pashu Chikitsalay, JaisinghdesarMagra, Teh. Nokha, Dist. Bikaner

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(Borrower)

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2. Brijalal S/O Dhonkalaram

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Address Line 1– VPOJaisinghdesarMagra, Teh. Nokha, Dist. Bikaner-334803

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Address Line 2–231, Pashu Chikitsalay, JaisinghdesarMagra, Teh. Nokha, Dist. Bikaner

OA No. 739 of 2023

(Co-Borrower)

3. Rampyari W/O Hariram Jat

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Address Line – Lalamdesar, Teh. Nokha, Dist. Bikaner

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(Guarantor)

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……….DEFENDANTS

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S.	Item of Cost	Amount (Rs.)
No.
1	Fee on the Application	23,005.00
2	Process Fee (Inc. Publication)	355.00
3	Advocate Fee	1250.00
4	Commission/Receiver/Valuation	NIL
5	Miscellaneous Charges	NIL
	Total	24,610.00

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(Vivek Saxena) Presiding Officer,

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Debts Recovery Tribunal,

Jaipur

OA No. 739 of 2023

Dated: 23.10.2023

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Counsel:-

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Sh. Harish Chandra Sharma along with Sh. Mahendra Rana Counsel for the Applicant Bank.

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Defendants are ex-parte

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Judgment dictated separately and pronounced in the open court. As per order the O.A. is allowed. Recovery Certificate be prepared accordingly and the Registry is directed to verify the Recovery Certificate as per Regulation 24(1) and (2) of Debts Recovery Tribunal Jaipur Regulation 2015 and after verification place the same before the Tribunal.

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(Vivek Saxena) Presiding Officer, Debts Recovery Tribunal, Jaipur

OA No. 739 of 2023

Dated: 23.10.2023

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Counsel:-

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Sh. Harish Chandra Sharma along with Sh. Mahendra Rana Counsel for the Applicant Bank Defendants are ex-parte

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The Tribunal vide order dated 23.10.2023, directed the Registrar to verify the Recovery Certificate as per Regulation 24(1) and (2) of Debts Recovery Tribunal Jaipur Regulation 2015.

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The Registrar vide order dated 23.10.2023 verified the Recovery Certificate as per Regulation 24(1) and (2) of Debts Recovery Tribunal Jaipur Regulation 2015. Recovery Certificate is prepared accordingly. Copy of the Judgment and Recovery Certificate be given free to the concerned parties as well as be sent to the Recovery Officer for further proceedings. File be put up before the Registrar for compliance. After compliance file be consigned to record.

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(Vivek Saxena) Presiding Officer, Debts Recovery Tribunal, Jaipur

OA No. 739 of 2023

DEBTS RECOVERY TRIBUNAL, JAIPUR

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ORIGINAL APPLICATION NO. 739 of 2023

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The Recovery Certificate prepared in compliance of order dated 23.10.2023 passed by Hon'ble Presiding Officer, DRT, Jaipur in Original Application No. 739 of 2023 Title- Rajasthan Marudhara Gramin Bank Vs Anchi @ Anacha Devi&Ors. has been checked and may be verified.

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Section Officer

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Assistant Registrar

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On the basis of the report of Section Officer the Recovery Certificate is verified. The Recovery Certificate is placed below for the signature of Hon'ble Presiding Officer please.

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Assistant Registrar

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Hon'ble Presiding Officer

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Rajasthan Marudhara Gramin Bank v. Anchi

Case brief

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Rajasthan Marudhara Gramin Bank v. Anchi

Case brief

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