Allowed

Punjab National Bank v. Smt Dipa Banerjee and Ors.

DRT7 May 2024OA/544/2023

Case brief

AI extract

What is this about?

The Tribunal allowed an original application filed by Punjab National Bank for recovery of a loan amount of Rs. 49,11,172 with interest and costs against the defendants who remained absent. The order directed the issuance of a recovery certificate and debarred the defendants from dealing with their properties until the debt is recovered.

What did the court decide?

Application allowed ex parte; recovery certificate to be issued; Defendants debarred from dealing with properties.

Punjab National Bank versus Smt Dipa Banerjee and Ors. — Banking and Recovery | DRT (2024)

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TRIBUNAL-III^KOLKATA BEFORE^{THE DEBTS RECOVERY} PRESENT^{: - SRI} KAMAL^DE

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PRESIDING^OFFICER

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o.A. No⁵⁴⁴ ot 2023

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oRoER^{I T} lOs/2O24 DATE OF^DELIVERYOF

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PUNJAB^{NATIONAL BANK (Erst!'vhrlel'lnried Bank of Indra)'a bodvcorporale} conslrLuted^{under the Bankrngcompa;;;s(o.uu,.,,,onand rransferof undertakLnqs)} Act, 1970,^{havlnq t5 Headorrce at pLt No'.1, secror10, Dwarka,NeW Delhl} i:ll.;;'";; .;;,; "j^{o,' bu''n""rhroush one or rs sastra Dlvrson'crrcre offrce'} l:;;" ;;;,,^;"i ";^{rower,a'u r oor' t t-'"[..:iill:;::} :::::: :? :"":t:::l"l"i: Street,^{Kolkata700001, and at a} Banktng^{Busrness aL several places ol Ind a' rnclLrdrng the presenL one al Netalr} Subhas Road^{Branch, lo, Clrve Ro'ro'potrcc Station Burrabazar' Kolkata700001} commonly^{known as Netair Subhas Road Branch'herenafterreferred as lhe} :;;;i;;;;l u""u,;, *^{thrn the} lurrsdrct^{on or LhLsLearned rrLbunar}

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APPIrcant^Bank

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VersLr s

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Smt. Dipa^{Baneriee,wrfeof Late I\4ohanBanerjee'resldrngaL 13/13' lhowtalaMdn} Road, Tegharia,^{P.O. Hatrara, Po ce SLatonBaguratr'DrstrictNorth24 Parqanas'} Kolkata^{70o157 (Legal Herr)}

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MinorAswiniKumarBaneriee,sonoftate|4ohanBanerjee'representedbyhs mother Sml.^{DrpaBaneriee,resdLngat 13/1f' lhowtalaI'4aln Road'Tegharil'P O'} Hariara,PoliceStationBagUlatl,DistrLclNorlh24Parganas,KolkataT00l5T (Legal he r)

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Sri Krishna Oil^{Mill, a proprietorship fir-rl, 13/13,lhowtala'P'O Hatiara'} Statron Baguiatr,^{DistrictNorth 24 Parganas,Kolkata 700157}

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Defendants

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Counsel for the APP|rcant^Bank:

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I\4s. Samaptr Roy,^Advocate

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SeL ex-Parte on 24/O4/2424

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]!!GEuEIlI

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The Applicant Bank^{filed thepresentOAberng No OA' 544 of 2023 on ll/A9/2A23 fo(} recovery of a total sum^{of Rs.49,11,1721(Rupees fortynine lakh eleven thousand one} hundred seventy^{two only) from theDeFendants towards term loan together wrth rnterest'} cost and other^{usual reiiefs.}

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2'TheDefendantsareservedwiLhsUmmon!;,'rhedefendantsdldnotappear,astherewaSno representatlon^{from the defendants,the casewas frxedfor ex-partehearinq on 21/04/2424'} d1d nPdrd e'^{parle J(.ordlnqlY}

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29 documents^{throughMr' Abhimanyu Sethl' Chlef l'4anager} The APP|icant^{Bank examined} A/1^{to Exhrbrt AnnexuteA/29-} marked^{as Exhibit Annexure-}

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

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The^{po nl that arises for consrderaLrons:}

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whether^{the Applicant Bank rs entltledLo Lheclalm made rn LheOA agarnslthe Defendants} and OA^{schedule propertiesas prayedfor?}

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As stated^{supra, the Defendant remalned absentand dld noiLLrrn up to controvert the} versron^{of the O.A' of ApplLcanL Bank The Ev denceAffLdav I coLlpled wLlh lhe rec lals in lhc} documentsvlz,,ExhlbitAnnexureA/lloAnnexureA/29markedonbehafoftheAppllcant Bank,establ]shedtheclaimoftheAppllcantBankagalnsttheDerendantsandoAschedUlc propertres. Hence, I^{hold thatLhellefendantsarelorntly and severallylrable io payto the} App icanL Bank^{the clalms made ln LheOA wlth iLlture lnteresland costs'}

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ln the resu l, the^{present Orrginal Appllcatronrs allowed ex_parle wrthcosLs' as under:}

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qSDIR

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-l

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(1) O A. No. 544 of^{2023 frled by lhe Applrcant Bank s a lowed anddebtrs determnedwLth} cost against the^{defendanls. ltrs hereby orderedthat appllcanl bankis ont Lledto} recover from the defendants^{the tota amountLo the tune of Rs' 49,11,172/(Rupees} forly nrne lakh eleven LhoLrsand^{onehundredseventy two on y) wrlhpendPntelieand} futLrre inLerest @ fO.10o/o^{per annumrnteresl wrth srmple on the amoLrntduefromthe} date of frl ng of the Original^{Applical on t.e. i/A9/2023trll full and frnal realrTal on of the}

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(2) Amount, if any,^paad by the defendants^{in the loanaccountsor amount, if anY,} recovered by the Applicant^{Bank after filingof the O A. the same be takenrnto account} while arrivinq at the^{exact amount of dues/debt payableby the defendants'} Accordingly,^{pendentelite and futurernterest shallbe calculated on the reducedamount'}

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(3) Defendants are debarred^{from disposrng,alienatingor dealingwrth any of the propertes} belonging to them^{tlll the aforesaid decretaldebt is recovered from the defendants'}

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(4) DefendanLs are^{given a trme oF th rty daysfrom the dateoi the .Judgemenl/Frnal Order} for repayrnq of the above^{ment oned dLles,so intrmatedlo them'ln casethe defendanls} fail Lo^pay lhe dues^{withinthe above menl onedtrme,the appl caftbank rs enl I ed to} recover rts dues by sale^{of secured assets, rf any. Applcant bank s also cntltledto} proceed agarnst personal^{propertiesof lhe defendants (Both movable and mmovable)} and also^{proceedagainstthe deiendants personally to recover Lhe dues ln accordance} wrth law.

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(s) Let the Certificate^{of Recovery be drawnup by Ld' Registrarforthwithin Lermsof} Judgement for issuance^{of rhe sameagainst defendantsln Favour of the applrcanL bank}

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and BankruPtcy^{Act' 1993 and Put uP} under^{Sectron19 (22) of the Recoverv oi Debts} the same^{forissuanceof the Certiflcate}

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(6) Ld. Recovery^{officer shallrealizethe amounl as perlhe Recovery Certrficatefrom the} defendants^{in accordance withla!'v'}

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(7) Ld. order/judgement Reqistrar^{of this Tribunal for recovery ls drrected of the to deliver sum against recovery the certiflcate defendant ln in term favoLrr oF the of flnalthe} Applicant^{Bank under Section19 (22) of theRecoveryof Debts due lo the Bank and} Financial^{lnstilLrtionsAct,1993 now known as Recoveryof Debts and Bankruptcy Act'} 1993.

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(8) The^{partres are directed to appear beforethe RecoveryOffrcet on 4/01/2A24 for further} action ln accordance^{with lawrn the eventthe entire amount ls not pald by thesard} date-

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Accordrnqly,^{the Original Appllcation beingO'A No' 544 of 2O2ls alowedand stands} drsposed of.

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Copy of the Judgement/Flnal^{Order be upload in Lhe Trrbunal'swebsrte'} File is consigned to the^{Record Room.}

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(Drctated to steno, trans.r bed^{bvher, .orected,srqnedd'd} Pronounced by me r.^{the ope.co!rt ontrrrs} 7 dav oi^{MaY, 2024} )

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( KAMAL DE ) PRESID]NG OFFICER

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Som/

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Debts^{RecoverY Tribunal-3' Kolkata} Order^Sheet

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(Continuation)

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Puniab^{National Bank vs smtDipa Baneriee& ors'} case No.^{oA No.544/2023} Ollice^a't'onwith d'te 'nd^dated Order^{with signature} Date of^Order oreler NaJ order^{pronounced (vide separate sheets)'} Dt.lloll424 In the result,^{O.ANo. 544 of 2023 rs allowedwithcostslssue} Recovery Certlf^{icale accordlngly'} ( Kamal De ) Presidrng Officer DRT'3, Kolkata I

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Debts RecoverY^{Tribunal-3' Kolkata} Order^Sheet (Continuation)

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case^No.oa/5	^44/2023 Puniab^{NationalBankvsDipa Baneriee&} Ors.
Dateof^Order	order^{withsignature}
Qrder^No.4 Dj.23,9!12924	Present:. ForApplicant^: ForDefendants Iv1s. PBanerlee,^LdCounsel' :None
	TheRegistry^{haslsstled notlcetotheDefendantn termsof} order^{passedbythsTribunalDefendanthasnot tllrnedup} desprtethe^{factthatthenotlces have been served uponthe} Defendant.^{Applicanl prayedforhearngof thecaseexpa(e'} Thematters^{pendrnqslnce202:1. HencerrghLavarlabletosole} Defendantforfilrng^{ofW.S.andcoLlnler evrdencerstobe} closed.lt^rscosed.^{TheOA proceedsforexparteHeardtheLd} CoLrnselfor theApplLcant.^{Reservedfororder'} Applrcant mayfilewntten^{notesofargLlments} Tof/A512021fotatdet
	(Kamal De) PresrdingOfficer DRT-3,Kolkata

Punjab National Bank v. Smt Dipa Banerjee and Ors.

Case brief

What is this about?

What did the court decide?

Punjab National Bank v. Smt Dipa Banerjee and Ors.

Case brief

What is this about?

What did the court decide?

What the court decided

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