Allowed

State Bank of India v. Smt Modina Bibi and Ors.

DRT19 Jan 2024OA/20/2022

Case brief

AI extract

What is this about?

The Debts Recovery Tribunal, Kolkata allowed an ex-parte original application filed by the State Bank of India against five respondents for recovery of a loan amount of Rs 37,65,562 with interest. The respondents did not appear. The Tribunal decreed the debt, barred respondents from disposing of properties, and directed issuance of a recovery certificate.

What did the court decide?

Recovery of Rs 37,65,562 plus 12% interest from date of filing; recovery certificate issued; bar on disposal of properties; 30 days for repayment.

State Bank of India versus Smt Modina Bibi and Ors. — Banking and Recovery | DRT (2024)

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BEFoRETHEDEBTSS-.f :l"t"1t;llrtr',sAr'-ItrKoLKArA

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PRESIDII{G^OFFICER

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o'A' t{o'^{20 of 2022}

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DATE^{OFDELIVERYOF ORDER: ,.9IOTI2O24}

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state^{Bank or rndia,} " T.1!lr . H:"#; "rlo"o""l',fl ,"'Tli'1!JT;i[['"t incorporated^{under the provisions-1-;:';;;;} ;";. Road,^{Mumbai-4ooo21and} cent;al^{office at stateBank} p.s. Hare street, calcutta^- -Bhaw-ar:',. ;;;;;;;;, registered^{officein Samriddhi} it"111^';r"r, iniJr'uriu u.ongrt others^{at their} zO-OOOr^{anOcarrying on their-bankins--"'t.O. -i*,+",} Disirict 24 Parganas sarisa Branch,^{Ramkrishna Misston Asnram',} .r'u^..1" -]r-l'"-" lt i .essed Assets E;ffi ),^;;' "ft ar'743 368''r: -::;::i, "il'"}";' :l' "::U' 3lii,i u"nn",", Recovery^{Branch, SouthBengal t9t-:''1.":,"lli} )"^,,,-innozr. \4ithin^the 1' Middleton^{street'2nd Floor' Kolkata-700071'v} l}*"al"t ",'ai"s, jurisdiction of this^{Ld rribunal}

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... Appricant^Bank

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-Versus_

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l.smt.ModinaBibi,widowofLateAliHossainMolla,residentofPaschim.Durgapur,P.O. Morigachi,^{District24 pu'gun"'(Soutl')'West Bengal -743368'PS} Diamond^Harbour of Ali Hossain^{Molla, residentof PaschimDurqapur'}

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1. Sri Khairul^{Hossainl'4olla,son} -parqanas (south), West Bengal - 743368' P S' P.o, Morigachi,^District24 Diamond^Harbour of Ali^{Hossainl4olta, resident of Paschim}

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1. smt. Nasima^{Khatun,daughter} 24 Parganas^{(South),West Bengal- 743368'} Durgapur,^{P.OMorigachi,District}

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P.s. Diamond^Harbour of Ali Hossain^{l'4olla,resident of Paschim}

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1. Smt. Mamtai^{Begum, daughter} 24 Parganas^{(South),West Bengal - 743368'} DurgaPur,^{P.O. Morigachi, District} P.S. Diamond^Harbour Ali Hossain^{Motlah, resident of Paschim}

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1. Smt,^{TaniaKhatun, daughterof} 24 Parganas^{(South),West Bengal - 743368'}

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Durgapur,^{P.O, l'4origachi, District} P.s. Diamond Harbour

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... Defendants

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counsel for^{the APplicantBank: -}

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Anirban^{Pramanick, Advocate}

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Set ex-Parte^on 9/Ot/2024

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]UDGEMENT

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The Applicant^{Bankfiled the presentoA being No O'A l2ol2o22on 0610112022tot} recovery^{of a totalsum of Rs 37,65,5621- (Rupeesthirtyseven lakhsixty five thousand five} hundred sixty^{two) only from the Defendants towardsterm loan together withinterest'cost} and other usual^reliefs.

rhe Derendants^{are served with,:.1"J1""'jiL"'#111} 1l llllTilli:ffi^,)l;; representation^{from the defendants' t} and^{heardex-Parte accordinglY'}

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chakrabortv'

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rhe Appticant^{Bank examined18.iT::":::fi":j!h,:;^:::::,;'l*''k} chief^{Managerand markedas Exhibit}

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Heard^{the Ld. Counselfor the Applicant Bank'}

The^{pointthat arises for considerationis I}

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Whether^{the ApplicantBankis entitled to the claim made in the OA againstthe Defendants} and oA^{schedule propertiesas prayedfor?}

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As stated^{supra,the Defendant remained absentand did not turnup to controvert the} version^{of the O A' of Applicant Bank The EvidenceAmdavit coupled withthe recitals in the} documents^{viz , Exhibits Annexure-Ato Annexure-P marked on behalf of the Applicant Bank'} established^{the claimof the Applicant Bank against the Defendantsand OA schedule} properties.^{Hence, I hotdthat theDefendants are jointlyand severally liable to pay to the} Applicant^{Bank the claims made in the OA with future interest and costs'}

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In the^{result,the present OriginalApplicationis allowed ex-parte with costs'as under:-}

ORDER

o.A. No. 20 ot^{2022tiled by the Applicant Bank is allowed anddebtis determinedwith cost} against the^{defendants. It is hereby orderedthat applicant bank is entitledto recoverfrom} (Rupees thirty^sevenlakh

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the defendants^{the total amount to the tune of Ns' 37} '65'562/sixty five^{thousand five hundred sixty two) only with pendenteliteand future interest@} 12'O0o/operannuminterestwithsimpleontheamountduefromthedateoffilingofthe Original Application^{i'e. 06/07/2022tlll full andfinalrealization of the claimamount'}

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Amount, if^{any, paid by the defendantsin the loan accountsor amount' if any' recoveredby} the Applicant^{Bank after filing of theO A the same be taken intoaccountwhile arrivinqat} the exact^{amountof dues/debt payable by the defendants Accordingly' pendentelite and} future interest^{shall be calculated on the reducedamount'}

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Defendants^{are debarrcdfromdisposing, alienatingor dealingwith any of theproperties} belonging to^{them till the aforesaid decretaldebt is recoveredfrom the defendants}

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(4) Defendants^{aregiven a timeof thirtydays from the date of the ludgement/FinalOrderfor} repaying of^{the above mentioned dues, so intimated to them ln casethe defendantsfail to} pay the dues within^{the above mentionedtime' the applicant bank is entitledto recoverits} dues by sale^{of secured assets, if anyApplicant bank is also entitled to proceed against} personal properties^{of thedefendants(Bothmovableand immovable)and also proceed} against the^{defendants personallyto recover the duesin accordancewith law'}

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"-^!"r 'i^{aFdictrarforthwith in termsof}

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(5) Let the^{Certiflcate of Recoverybe drawn up by Ld Registrar} against^{defendantsin favour of theapplicantbank}

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Judgement^{for issuanceof tn"} "urn" under^{Section19 (22) of the *""o'"'o' Debtsand BankruptcyAct' 1993and putup the} same^{forissuanceof the Certificate'}

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(6) Ld. Recovery^{Officer shall realizethe amountas per the Recovery Certificatefrom the} defendants^{in accordancewith law'}

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(7\ Ld. Registrar^{of this Tribunal is directed to deliver recovery certiflcate in termof the final} order/judgement^{for recovery of the sum against the defendant in favourof theApplicant} Bank under^{Section 19 (22) of the Recovery of Debts due to the Bank andFinancial} Institutions^{Act, 1993 now knownas Recoveryof Debtsand BankruptcyAct' 1993'}

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(B) The^{parties are directedto appear before the Recovery Officer on 2OlOZl2o24for further} action in^{accordancewith law in the eventthe entire amount is not paid by the said date'}

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Accordingly,^{the Original Applicationbeing O ANo 20 of 2022 is allowedand stands} disposed^of.

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Copy of^{the Judgement/Finalorder be uploadin the Tribunal'swebsite'} File is consigned^{to the Record Room'}

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forltated to sle4o,^rra_sclbeoby "ln,^{corrected'srqneda'd} 'J,...',".." o, -i ." tt'" ope' cou-t o' tnrs^{dav or} 19ti lanuarY,²⁰²⁴⁾

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( KAMAL DE ) PRESIDING OFFICER

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Debts^{Recovery Tribunal-3r Kolkata} Order^Sheet (Continuation)

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a;;;^No.oANo'	sGGTin[^{orrn*i'viMoEuia ors'} ^2ol2o22
	order^{withsignature}
Order^No, Dt.19l^0112024	Order^{pronounced (vide separatesheets)'} In theresult,^{O.A.No'20ol2022isallowedwithcosts'} Issue^{RecoveryCertificate accordingly'}

State Bank of India v. Smt Modina Bibi and Ors.

Case brief

What is this about?

What did the court decide?

State Bank of India v. Smt Modina Bibi and Ors.

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Issues for consideration

Statutes considered

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