Allowed

Punjab National Bank v. Ruma Banerjee Alias Ruma Banerjee Pathak and Anr.

DRT7 May 2024OA/564/2023

Case brief

AI extract

What is this about?

The Debt Recovery Tribunal allowed the ex parte application filed by Punjab National Bank for recovery of a term loan of Rs 28,91,148 along with interest and costs from the defaulting respondents.

What did the court decide?

Direction to recover Rs 28,91,148 with future interest at 12% p.a., grant of 30 days to repay, and authority to proceed against assets on default.

Punjab National Bank versus Ruma Banerjee Alias Ruma Banerjee… — Banking and Recovery | DRT (2024)

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BEFORE THE DEBTS^{RECOVERY TRIBUNAL-IIIKOLKATA} PRESENT: - SRI^KAMALDE

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PRESIDING OFFICER

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O.A. No. 564 of 2023

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DATE OF DELIVERY OF ORDER^:7 /o5/2()24

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PUNJAB NATIONAL^{BANK (Erslwh e llnled Bank of Indra), a bodycorporate} constrLuted under the^{Bankrng Companres(A.qu srtron and Transfer ol llndertakrogsl} Act, 1970, havrnq^{rts HeadOfflce al Plot No. 4, Sector '10,Dwarka, New Deh} 110075 and carry^{ng on businessthrough one ofls SastraDivrs on, Crr' e Olfrce} Kolkala South,^{g"Floor, 11, Hemanta BasllSaranl, Kolkata700001and ata} matenal times rt carried^{on and carrleson Bankng Buslnessat Several placesol} lndra, rncudrng lhe^{present one at ladavpur, 24,RalaS C plarck Road'Ko kata} 700032, commonly^{knownas JadavpurVrdyap th Branch,hercrnaller relerredas thc} "App rcant Bank", w thin ihe lurrsd ctlon of th s^{LearnedTr buna}

APP rcant Bank

-Versu5-

Ruma Banerjee, alias^{Ruma Banerjee Pathak, Prop of RLrmaEnterpr se' w fe of} SLrbrata banerjee,^{resrdlngat 83F, SharatGhosh GardenRoad, DhakLlra,Ko kata} 700031, West Bengal

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Subrata Baneriee,^{son of Late Nirode BehariBandapadhyay,residing at 83F'} sharat Ghosh Garden Road, Dhakuria,^{Kolkala'700031,West Bengal}

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Defendants

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Counsel for the^{APP|rcant Bank:}

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I\4s. ParomiLa Banerjee,^Advocate

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Set ex-parte on 24/04/2024

J UDGE]4E^Nf

The Applicant Bank^{FiledLhe present OA berngNo' o A 564 of} 2023 oo 2110912023^fot recovery of a total sum^{of Rs 28,91,148/-(Rupeestwentye ght} lakh ninety one thousand one hLrndred forty^{eiqhtonly) lrom theDefendantslowards} term loan together^wilh nlerest, cost and olher^{Llsuairellefs}

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The DeFendants are^{served wilhsummons.} The defendants did not appear,^{as therewas no}

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lhe case was frxed^{for ex parte hearing on 24/04/2424,} representatron from^{the deFendants,}

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and heard ex Parte accordinglY.

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The Applrcant Bank^examrned 10 documents through^{I'l r. DebdasI\4onda1,Senrorlvlanager} marked as Exhibit^Annexure A to Exhibit Annexure^F.

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Heard the Ld. Counsel^{for the Applicanl Bank}

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The^{point that arises forcons'derationrs:}

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fo lhe clalm^{made rn the OA agalnstlhe Defendants} Whether the^{Applrcant Bank rs entrtled} and OA schedule^{propertlesas prayed} fot?

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As slated^{supra, the Defendant remalnedabsenLand dld not tllrn up to conlrovertthe} versron of^{the O.A. of Applicant Bank' The EvrdenceAffidavitcoupledwiLh lhe recrtals rn the} documents^viz ,^{ExhlblL Annexure A to AnnexureF markedon behalfof the ApplicantBank'} estabIishedtheclalmoftheAppllcantBankagainsttheDefendantsandoAschedUle propertres. Hence,^{I hod Lhal theDefendanls arelorntly and severally abe lo payto the} Applicant Bank^{the claims made in lheOA with fulure rnterest and cosls'}

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In the result,^{the present OriginalAppllcatronrs allowed ex parte wifh costs' as under:}

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qRLES

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(1) O.A. No. 564^{of 2023 filed by the Appllcant Bank is allouredand debts deLerm ned w lh} cosLagalnstthedefendants,ItlsherebyorderedthatapplicantbanklsenLtedto recover From lhe^{deFendantsthe tota amountlo Lhe tune of Rs 28'91'148/ (Rupees} tweoly erght^{lakh nrnetyone thousandone hundred Forly elght on y) wrthpendenlelrte} and future interest @^{12.O0yo per annum lnterest wlth slmple on lhe amotlntdLre from} the date of^{frlrng of the OrLqrnal App|catloni'e 2l/Og/2023t ll full and finalrealzationof} the clarm amount.

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Amount, rf any,^{paid by the defendanlsn the loanaccounts oT anrounl'rf any'}

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\2) recovered by the^{Applrcant Bank atter frl ng of the O'A' the same be takenrnto account} !,vhilearrivingaltheexactamountofdUes/deblpayablebythedefeodantS, Accordingly,^{pendentelrte and future interest shallbe calculated on the redu'edamount}

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(3) Defendants are^debarred from disposinq,^{alienaringor dealrnq wirh anyoF the properties} aforesaid decretal^{debt s recoveredfrom the defendants'}

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belonqrng to^{them till the}

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(4) DefendanLs are^{given a t me of thrrty daysfrom the date of the ludgement/Frnal Order} for repayLng of^{lhe above mentioned dues, so intimated to ihem' ln} 'ase^{the defendanls} farl to^pay Lhe dues^{within the above menL onedtime, the applrcantbankrq entrtled lo} recoVer lts dues^{by 5ale of secured a5se15, il any,AppIlcant bank l5 a so entltledto} proceed against^{personalproperlLesof the defendanls(Both movable and rmmovabLe)} and also^{proceedagainslthe defendants personally lo recover lhe duesn accordance} wrth law.

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(s) LeltheCertificateofRecoverybedrawnupbyLd,Registrarforthwihjntermsof ]Udgementforissuanceofthesameagarnsldefendantsinfavouroftheapplcantbank under Sectron^1g 122)^{af theRecoveryof Debtsand Bankruptcy Act' 1993 and plrt up} the same^{forlssuanceof lheCertlflcaLc'}

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(6) Ld. Recovery Offlcer^{shall realrTethe amounl as perthe Recovery Cert icate fromLhe} defendants^{in accordance with law.}

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(7) '."Jil:::i lj1ffii'":':n"" Ld Resistrar^{or th s rribunar is dire.ted} :,rj ;:::'5: order/iudgement^{for recovery of the sum ':"} :.^-, ^,;"",. due to^theBankand AcL,

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;;;,.:;;';""; '"0"' '""1"i-'1 1:?":::':,T:::::1,":,';:;.';;.'"J.ruptcv Financial^{lnstitutlonsAct' 1993 now} 199^3.

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appear^{beFore the Recovery Afficetor 1l01pA21for further}

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The Parties^{are dlrected to}

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(B) law rn^{the eventthe entlreamounLls not paLd by the5a d}

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actlon^{ln accordancewlth} date

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564 of^{2023is allowed and stands} Accordingly,^{theOrlgrnalAppllcation berng O ANo} disposed^of.

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Copy^{of the lLrdqement/Final Order be upload in the Tribunal's website'} File is consigned^{to the RecordRoom}

¶48

D Ldtpo^{ro \rp'o.r'dn(.r'060ovne ' ' o"p'6} '^{'ar'dI d} i,ronounced^{bv mern the opencourton rn s} 7rf dav of^l'4ay,2024)

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( KA{YAL DE ) PRESlDING^OFFICER

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Som/

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

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Ruma Banerjee^{alias Ruma}

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case No.^{oA No. 564/ 2023} sinlriee^{cattal a lnr'}

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Order^{with signature}

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Date^{of order} L I Order^No5 Order Pronounced^{(videseParatesheeLs)'} Dt.t/05/2024 is allowed^{\rith costs lssue} In the^{result,O.ANo 564 of 2023} Recovery^{Certificate accordingly'} (ama De ) Prcsrd ng^Ofircer DRT I,^Kolkata

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---L

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

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Ba^{n erree}

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Case^{No. OA/ 564/ 2023}

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L Date^{of Order} Order^{with signature} I I I Ajdcr Na-4 Present:. D124/L4129-4 14s.^P Banerjee'^{Lo Counsel} For ApPlicant^: For Defendants :None

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The Reqrstry^{has issued notrceto lhe Defendanlin termso[} order^{passed by LhisTrrbunal' Defen'iant hasnot lurnedLlp} desprte^{the fact that Lhe notrceshave been servedLlpon the} Defendant.^{ApplLcantprayed forhearLng ol the case ex-parle'} The matter is^{pendings nce2023Hencenghl availableto sole} Defendant^{for filrng of W S. and counterevrdencers to be} closed. lt is closed.^{The oA proceedsfor ex'parte' Heard theLd} Co!nsel for the^{Appl cant. Reservedfor order'} Applrcant may^{flle wr tten notes of arguments} fo f /05/2024 fat^ordet.

¶64

( Kamal De ) Presidrng Officer DRT- 3, Kolkata

Punjab National Bank v. Ruma Banerjee Alias Ruma Banerjee Pathak and Anr.

Case brief

What is this about?

What did the court decide?

Punjab National Bank v. Ruma Banerjee Alias Ruma Banerjee Pathak and Anr.

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Issues for consideration

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