Punjab National Bank (In which Oriental Bank of Commerce amalgamated w.e.f. 01.04.2020), a body corporate, duly constituted under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 with its Head Office at Plot No. 4, Sector 10, Dwarka, New Delhi -110075 and one of the Branch at Sherpur Road, Jagraon, Distt. Ludhiana Punjab, through its authorized officer and General Attorney Sh. Navneen Satia, Senior Manager. ……..Applicant Versus 1. Sh. Baljit Singh S/o Sh. Avtar Singh, R/o Village Aligarh Urf Shaheed Rachhpal Singh Nagar, Tehsil Jagraon, District Ludhiana. (Borrower) 2. Sh. Harjinder Singh S/o Sh. Pal Singh, R/o Village Aligarh Urf Shaheed Rachhpal Singh Nagar, Tehsil Jagraon, District Ludhiana. (Guarantor) ….……Defendants Advocates: Argued by Sh. Sumeet Sehgal, Advocate proxy for Sh. J.S. Sehgal, Advocate for Applicant Defendants are ex-parte FINAL ORDER 1. Present Original Application was instituted by the applicant bank under Section 19 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993, against the defendants for recovery of Rs.69,08,619.00 (Rupees Sixty Nine Lacs Eight Thousand Six Hundred Nineteen Only).The Original Application has been filed through Sh. Navneen Satia, Senior Manager o f the applicant bank, who is competent to institute the Original Application vide General Power of Attorney dated 08.06.2013, which is Annexure A2 to this OA.
