In an ex parte hearing where the borrower did not appear, the Tribunal allowed the bank's original application for recovery of a loan of Rs. 34.21 lakhs along with interest, costs, and restrained disposal of properties.
Recovery of Rs. 34,21,140.47 with pending and future interest; issuing recovery certificate; restraining disposal of properties.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
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AEFORE THE DEATSRECOVERY TRIBUNAL-IIIKOLKATA PRESENT:. SRI KAMALDE
PRESIDING OFFICER
O.A. No. 1O3 of 2023
DATE OF DELIVERYOF ORDERIt6/OSl2024
PUNTAB NATIONALBANK, (Erstwhrleunrted Bank of lndrd), a bodv corporale constrtuted underthe Bankrnq Companres (Acqursrtronand Transferof Undertakrngs) Act, 1970, havrngits HeadOffice at Plot No. 4, Sector - 10, Dwarka, New Delhr 110075 and at allmaterial times it carried on and carries on BankingBuslnessat severalplaces of India,having one of its branches at VIP Road, ultadangaBranch at 194 Scheme VII(14),Ultadangalvlain Road, Kolkata '700067, commonlv knownas Ultadanqa Branch,herernafter referredas the "Applrcant Bank", wrthrn lhe ]uflsdrctronof thrs Learned Trrbunal
Applrcant Eank
l!lr. Shyamal Saha,Borrower, Proprretor of M/s RaJ Hosrery,House No- 380, Nehru Colony, 5, DakshrndarrRoad,Kolkata 700048 and also at l7lD/90, Dakshrndan Road, Kolkata' 700048
Defendanls
Counsel for the APP|rcantBank:
Ms Mekhala Kanlr,Advocate
SeL ex_Parte on
6l0s/2024
JUDCEME]\T
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The Applrcant Bankfiledthe present OA berng No' o'A/103/2023on 28/02/2023 fat recovery of a total sumof Rs.34,21,14O.411(Rupeesthrrty fourlakhtwentyone thousand one hundredforty and forty one parse only) from fhe Defendantstowardstermloan together wtth rnterest,cost andother usual rellefs'
TheDefendantsareservedWlthSUmmonsThedefendantsddnotappear,asth(.reWasno representatron from thedefendants,the casewas hxedfor ex'partehearrnq on 6/0512024' and heard ex_ ParteaccordrnglY.
The Applcani Bankexamrned 18 documentsihroughMr' SyamaPrasad Kulavr'Chref I'4anager and markedas Exhibrt AnnexureA to Exhrbrt Anncxure_l'
Whether the APP|icanLBank,s entrtled to the clarmmade rn the OA aga nst thc Dcfendanls and OA schedule ProPertlesas prayed rorT
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ORDER
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(8) The parties are dfrected to appear before the Recovery Ofticer on 9/0112024 for further actron rn accordance wath law in the event the entrre amountis not patd byLhe sard date.
Accordingly, the Onginal Applicatron being O.A. No. 103 of 2023 rs allowed and stands drsposed of.
Copy of the Judgement/Frnal Order be uploadrn theTribunal'swebsrte. File is consigned to the Record Room.
(o'.rate.l to steno, lra.scnbed by hrm, co(e.led, srg.ed d.d Pronounced by me rn the open Court on lhrs I6'" day of l.4ay, 2024)
PRESI D ING OFFICER
Debts RecoverY Tribunal-3,Kolkata Order Sheet (Continuation)
Case No. OA No. 1O3/2023 Punjab National Bank vs. Syamal saha
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Date of Order Order wath signature S'gn.ture or Pad'es
Order No.5 Order pronounced (vlde separate sheets)'
aL1519512924
In the result, O.A. No. 103 of 2023 s dllowed wrth costs. lsslre
Recovery Certaficate accordrngly'
( Kamal De )
Presrding Officer
DRT 3, Kolkata
50m
Debts Recovery Tribunal-3,Kolkata Order Sheet
( Contin u atio n )
Puniab National BankVs. ShyamalSaha
Date of Order Order with signature
For Appllcant Ivls. I!'lekhala Kanji,Ld counsel For Defendants None
The Registryhas lssued noticeto theDefendantln termsof orderpassed by thls Trabunal.Defendanthas not turned up despite thefactthat thenolaceshave been servedupon the Defendant.Applicant prayed forhearrngof thecase ex-parte' The matteris pending since 2023. Henceright availableto sole Defendantfor filing of W S. and counterevidencers to be closed. ltrs closedThe OA proceedsfor ex_parteHeard theLd Counsel forthe AppllcanL. Reservedfor order'
Appftcantmay file wrrtten notesof arguments
1o 1610512024fo( ordet.
( Kamal De ) Presrdlng Offrcer DRT'3, Kolkata
1 issue framed by the court
Whether the Applicant Bank is entitled to the claim made in the OA against the Defendants and OA schedule properties as prayed for?
2 provisions across 2 enactments
PUNJAB NATIONAL BANK
SHYAMAL SAHA
KAMAL DE
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
