Allowed

Central Bank of India v. Rekha Gupta and Anr.

DRT13 May 2024OA/83/2022

Case brief

AI extract

What is this about?

Debt Recovery Tribunal Kolkata allowed an ex parte application filed by Central Bank of India against two Defendants. The Tribunal determined the debt amount and ordered the bank to recover the principal, interest, and costs, directing the issue of a Recovery Certificate.

What did the court decide?

Recovery of Rs. 39,08,174/ with interest; Defendants debarred from disposing of properties; 30 days for voluntary payment; Direction to issue Recovery Certificate.

Central Bank of India versus Rekha Gupta and Anr. — Banking and Recovery | DRT (2024)

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

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PRESIDING OFFICER

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O,A. No. 83 of²⁰²²

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DATE OF DELMRY^{OF ORDERI t3/OSl2024}

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CENTRAL BANK^{OF INDIA, abody corporate constituled under lhe Bankrnq} Companies^{(AcqursLtion and Transferof Underiakrngs) Act V' 1970 havlngtq Centra} officeatchandralYUkhl,NarlmanPonl,Iv]Umba40002landcarrylngonltsbanklnq busrness, inter^{al a, at 69/1/1A, Gaurrbarl Lane,UltadanqaBranch' Kolkata 700004'} commonly known^{as Central Bankof lndra, Ultadanga Branch' herernaiterreFerred as} the "Applrcant^{8ank", wrthinthe} lurisdlction^{of thLs Learned Trrbunal}

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APP|Lcant^{Ban k}

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Versus

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Rekha Gupta,^{Propretorof l4/s Babalrlll llLnglndLrsLresof 7[4'K rt bashML]kherlee} Road, Ultadanqa,^{Kolkala-700067 and also at 9/18' Gorapara SarkarLane' Ko kata} taoo67

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2, RabindraKumarGupta,sonofLateRamChandraGupta'bengLhcguaranloroi Rekha Gupta,^{proprietorof lY/s BabajlYrlrnglndujstrresof 7f1' Krrtrbash Nlukherlce} Road, lllLadanga,^{Kolkata700067 andalsoat 9/18' Gorapara SarkarLane' kolkata} t aao6l .

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Defendants

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Counsel^{for the APPIicant Bank:}

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Mr. Arnab DutLa,^Advocate

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Set ex Parte^on 26/A4/2024

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]UOGEI{EI!T

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The Applicant Bank^{filed thepresen! OAberng No' O'A'83 of 2A22 or1610212022 lat} recoveryofaLotalsumofRs.39,ag,tt4/(RUpeeSthlrtynineLakheghtynlnelhousand seven hrlndred^{seventytour only)frorr the Defendantstowardsterm loanloqelherwllh} rnlerest, cost^{and otherusual reliefs'}

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The Defendants^{are servedwith summons' The defendants drd not appear'as therewas no} for ex_parte^{hearlngon 26/0412024,} representation^{from the defendants,the case was fixed}

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and heard^{ex-Parte accordinglY'}

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The Applicant^{Bank examrned 15 documentslhroughI\4r' Salrughan Shaw'Branch Manaqer} marked as Exhibrt^{AnnexureA lo ExhibrtAnnexureM}

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Heard the Ld.^{CounselforLheApplrcantBank'}

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The^point that^{arises for considerationrs}

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to the^{cLarmmade rn the OA againstLheDefendants} Whether the^{ApplicantBankis entitled} and OA schedule^{properties as prayed}

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As stated supra,^{the Defendantremarnedabsentand drd notLurn Llp to 'ontrovertthe} versron of the^{O.A. of ApplrcantBankTheEv denceAfhdavlt colrpLedwlth lhe recrLaLsrn the} documents^{viz., Exhibil AnnexureA to AnnexureI\4 markedon behalfof the App cant Bank'} eslablrshed^{the claim of the ApplrcantBank dga nsl the Defendanlsand OA schedule} propert es. Hence, I^{ho d Lhat theDefendanls arelorntly and severallyI able lo payto the} Applrcant^{Bank the clarms made ln lheOA wlth futurernLerestand costs}

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In Lhe result, the^{present Orrqinal AppLlcatron rs allowed ex_partewiLh cosls' as under}

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O ROE R

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(1) O.A. No.^{83 af 2A22 fted by lhe Applicant Bankrs allowedand deblis determ ned wLth} cost agatnst^{the deFendants'Itls hereby orderedlhal appl cantbankLs entrtled to} recover from^{Lhe defendanLstheLotal amountto the tune of Rs' l9'tlg'774llRupees} thrrty nine^{lakh eighty ninelhousandseven hundredseventy four orrlv) w th} pendentelite and Future^{inLerest @ 11'00o/oper annum interest w th slmpleon lhe} amountduerromthedateorfilingoftheorlgina]Application,e,16/02/2a)2tlLfUlland final reaIzation^{of the claimamount'}

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(2) Amolrnt, f any,^{pard by Lhe defendants n lheoan accountsor amount'rf any'} recovered by lhe^{ApplcantBank after fr lng of the O A' the samebc takenrnto accoL'rnt} ,,,hrle arrivrng aL the exact amounL of^{dues/debl payabe byLhe d{.fendants'} Accordingly,^{pendentelrte and future inlerest shall be calculated on the red!'edamount}

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(3) Defendants are debarred from disposing, alienating^{or dealingwithanyof the properties} aforesard decretal^{debt rs recovered from the defendanLs'}

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belonginq to^{them trll the}

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(1) Defendants are^{glven ame of thirtydays from the dale of the ludqement/Final order} for repayinq of the^{above mentioneddLles,so inLlmated to them'ln casethe defendants} fail to^pay the^{dues withinLheabove mentroned Lrme' lhe applicantbankq enLrlled to} recoveritsdUesbysaleofsecUredassets,lfany,ApplcantbankLSalsoenttledto proceed against^{personal propertlesol thedefendanLs (Both movable and rmmovabe)} and also^{proceedagalnstthe defendants personally Lo recover the dues ln accordance} wrlh law.

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(s) Let the Certiflcate^{of Recovery be drawnLlp by Ld' Regrstrar forthwrth n lerms of} ludgement^{for lssuance of the sameaganst defendantsrn favourof theapplcant bank} under Seclion lg^{(22) of theRecoveryof Debtsand Bankruptcy act' I993andpLrtup} the same for^{issuanceof the Certiflcate'}

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amollnt as^{perthe Recoverycertlflcaterrom lhe}

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(6) Ld. Recovery OFficer^{shall realrze the} defendanls in accordance^withlaw

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(l) Ld. Registrar of this^{TribLrnal is directedto deLiver recovery cert ficalPrn lerm of lhennal} order/ludqement for^{recoveryof the sumagalnstthe defendantin favour of Lhe} Applicant Bank under^{Sectlon19 (22) of the Recoveryof Deblsdue to the Bankand} FinanciallnstitutlonsAct,lgg3nowknownasRecoveryofDebLsandBankrUpicyAct, 199 3.

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(B) The parties are directed^{to appear beforethe Recovery Ofhcet on al0l/2024for [L]rther} action rn accordance^{with aw ln the eventthe enLlre amollntls notpaldby lhe sald} date.

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Accordingly, the Original^{Applrcatronbelng O'A' No' 83 of 2022 rs allowed andsrands} disPosed of

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Copy of the ludgemenl/Final^{Orderbe uploadrn the Trrbunal'swebs ie'} File Ls consrgned to^{the RecordRoom.}

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(D'ctdled ro steno, trdn.rroed^{bv ne-,Io're(tedsrqnpdd'd} Pronounced bv^me 'n^{the ope. Counonthrs} l3rh day of^{MaY, 2024} )

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( KAMAL DE ) PRESIDING OFFICER

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Som/

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

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Central Bank of India vs. Rekha Gupta
Case No. OA No.83/ 2022
Date of Order Order with signature
adcr-Ne-6 Order pronounced (vide separate sheets)'
Dt. t3l05l 2024
In the resull, O.A. No.83 al 2A22 a allowed wth costs' lssue
Recovery Certificate accordingly'
( Kamal De )
1l
Presidrng Officer
DRT 3, Kolkata

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

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central Eank^{of rndiavs. Rekha Gupta}

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Date of Order Order w-ith signature Order No.5 D\2h/o4/2024 For Applicant^{: Mr'A Dutta,Ld Counsel'} For Defendants^{: None} The Regrstry has^{Issued notlce to theDefendantln Lerms of} order^{passed by thls Tabunal Detendanlhasnol turnedup} despite the^{factthat the notces have been served uponthe} Defendant.^{Applicant prayed forhearrngof Lhe case ex parte} The matter rs^{pendlngsrnce 2022Hencenghtavarlab e to sole} Defendanl for^{frllng of w.S.and} 'ounLer^{evrdencers to be} closed.^{IL rs closed.The OA proceedsfor ex parte Heard theLd} Counsel for the^{Applrcant.Reservedfor order'} Applrcant^{may frlewrltten notes of arguments'} 10 13/ASl2024^{fot otde(} ( Kamal De ) Presrd ng Officer DRT 3, Kolkata

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Central Bank of India v. Rekha Gupta and Anr.

Case brief

What is this about?

What did the court decide?

Central Bank of India v. Rekha Gupta and Anr.

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Issues for consideration

Statutes considered

Parties & counsel

Coram

Case details

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