The Debts Recovery Tribunal allowed the applicant bank's appeal for recovery of loan dues from a defendant who failed to appear. Evidence was accepted as unchallenged, and payment was directed with a penalty.
Directed payment of Rs.23,57,990.67 plus cost and interest within 30 days; directed recovery from assets if not paid.
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.
Before SUSHILKUMAR RASTOGI, Presiding Officer Debts RecoverY Tribunal-Il,Delhi
TA No.1554 OF 2022
ICICI BANK LIMTTEDVS JAVED SALEEM
Reserued on : 13.06.2O24
Pronounced on :16.O8.2024
ICICI BANK Ltd Vs.
Mr. laved Saleem
-Applicant bank
Present: Mr. Amit Jain,Counsel appearsfor aPPlicant bank.
None for defendant.
FINAL ORDER
This original applicationhas been filed by the applicant bank, on01.11.2021 through Shri Nitesh Vashisht, AuthorizedRepresentativeof the applicant bank, under Section19 of the Recoveryof Debts Due to Banks and FinancialInstitution Act, 1993 against the sole defendant forrecovery of a sum of Rs.23,57,990.67 togetherwith cost, chargesand pendentellite and future interest @24o/o p'a. from date of filing ofthis T.A. till the realization in full.
(r^
TANO. 1554of20222
5.The documentary evidence filed by way of the affidavitofMr. Nitesh Vashisht'Authorized Representativeof applicant bank as AW-U1 to AWU9 havegone unchaliengedand un-rebutted'Hence'the case ofthe applicantbank stands fully established againstthe defendants with respectto non payment of EMVoutstanding amount'
TANO. 1554of2022 3
the sole defendant by not placing any evidence and there is noquestion of disbelieving the evidence filed by the applicant bank based upon the written/printed documents.
In the light of the above discussions, the Present T.A. deserves to be allowed against sole defendant.
ORDER
,.. q\r
TANO. 1554of20224 5) Partiesere directelcl to appear before the Ld' RecoveryOfficer,DRT-II, Delhi on 11'10'2024' PendingIAs, if any, stand disposedof'
File beconsigned to records'
C-,<br>
Date :16.08.2024
( susi-lll KU MAR RAT|oGI) PRESIDINGOFFICER DRT-II,Delhi
Thisjudgement has been signed' dated and pronouncedin oPen couft'
tA
Date :16.08.2024
(SUSHIL KUMAR RASTOGI) PRESIDINGOFRCER DRT-II,DCIhi
P
ICICI BANK LIMITED
JAVID SALEEM
SUSHIL KUMAR RASTOGI
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
