The Debts Recovery Tribunal allowed the applicant Bank's original application for recovery of dues totaling Rs.28,67,957/- along with future interest, following a default by the defendants on a housing loan and subsequent failure to appear.
Recovery of Rs.28,67,957/- with future interest, sale of mortgaged property to recover dues, and issue of Recovery Certificate.
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.
Presented on : 22.12.2021 Registered on : 19.04.2022 Decided on : 03.01.2024 Duration : Y M D 02 00 12
IN THE DEBTS RECOVERY TRIBUNAL AT PUNE (Before Shri Dilip G Murumkar, Presiding Officer)
ORIGINAL APPLICATION No. 366/2022.
Central Bank of India,
A Bank constituted under the Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970 having its Central Office at Chandramukhi, Nariman Point, Mumbai 400021 and branch at – Dhayari, Sr.No. 146/8/1, Near Chakankar House, Pune 411 041.
.. Applicant
Versus
.. Defendants
APPEARANCES
For Applicant Advocate Satyan Jagtap. For Defendants Ex parte.
( OA No. 366/2022 )
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TOTAL CLAIM AMOUNT –Rs.28,67,957/-.
JUDGMENT (Delivered on 03rd January, 2024)
Defendant Nos. 1 and 2 approached to the applicant Bank with application dated 27.01.2016 requesting Housing Term Loan of Rs.24,00,000/-. As per the loan application of defendants, applicant Bank sanctioned and disbursed the Housing Term Loan Facility of Rs.24,00,000/- to them vide Sanction Letter dated 04.03.2016 for purchase of Flat.
In order to secure the aforesaid Housing Term Loan, the defendants executed necessary loan and security documents along with deed of mortgage of Flat No. 203, 2nd Floor, Jijau Classic Building, A Wing, S.No. 386 to 390, 393, 397, 398, Near Bhairavnath Mandir, Kumbhar Wada, Dhayari, Pune in favour of the applicant Bank.
( OA No. 366/2022 )
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Hence, this application is filed.
( OA No. 366/2022 )
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applicant Bank. Therefore, the applicant Bank is entitled for reliefs as claimed.
Hence, I pass the following order :-
ORDER
( OA No. 366/2022 )
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property to recover its dues.
Place : Pune Date : 03.01.2024
Sd/(Dilip G Murumkar) Presiding Officer Debts Recovery Tribunal, Pune.
( OA No. 366/2022 )
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Central Bank of India
Gorakh Rohidas Karanjawane
Jidnyasa Gorakh Karanjawane
Dilip G Murumkar
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
