In an ex-parte application, the Tribunal allowed the Applicant Bank's claim for recovery of a loan amount of Rs. 58,97,041/- with interest and costs against the non-appearing Defendants.
Recovery of Rs. 58,97,041/- with pendent lite and future interest @ 10.35% per annum simple interest; issuance of recovery certificate under Section 19(22) RDB Act, 1993.
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 THE DEBTS RECOVERY TRIBUiIAL-IIIKOLXATA PRESET{T:.SRI KAMAL DE.
PRESIDING OFFICER.
O.A. , 16 ol 2022
DATE OF DELMRY OF ORDER: laloalzoz3
Central Bank of Indh, a body corporateconstitutedunder the Banlling Companies(Acqulsitlon & Transferof Undedaklngs)Act,1970 having its Head Office at Chander Mukhi, Nariman Polnt, Mumbal,Maharashtra-400021,Indla, carrying out its business amongst the otherplaces fromits 59/1/1AGauribari Lane, Ultadanga Branch, Kolkata-700004.
... Applicant.
-Versus'
1, Sumit Jaiswal, Proprletor ofN{/s. Manyta Trading Co, of 16, Krlttybash Mukherjee Road, Kolkata-700067.
... Defendants.
counsel for the Applicant Banki-
l''lr. Arnab Dutta, Advocate,
Set ex-parte on
t7/oa/2025
JUDGE14ENT
Whether the Applicant Bank ls entltled to the clalm made ln the OA agalnst the Defendants and OA schedulepropertles asprayed for?
ORDER
J
(8)The partles are dlrected toappear before the RecoveryOfflcer on 19/09/2025 for further actloninaccordancewlthlawlntheeventtheentlreamountlsnotpaldbythesaiddate.
Accordingly, theOrlglnal Appllcatlonbelng O.A No 116 of 2022 ls allowed and stands dlsposed of.
Copy of the JudgmenvFlnalOrder be uploaded ln the Trlbunal'swebslte' Flle ls conslgned to theRecord Room.
rDrctated to steno, transcribed byhim, corrected,srgnedand irono,rnceouy me tntheopenCourt on the lSrf day of August. 2025)
( KAMAL DE ) PRESIDING OFFICER.
I
Debts RecoveryTrabunal-3,Kolkata Order Sheet (Continuation)
Central Bank of Indla
Eise no. oa. t16 of 2022
Order N0,12 order pronounced (vlde separate sheets)
Dt.18/08/2025
ln the result, O.A.115 of 2022 is allowed with costs lssue
Recovery Certlflcate accordingly
( Kamal De )
Presiding Officer
DRT-3, Kolkata
1 issue framed by the court
Whether the Applicant Bank is entitled to the claim made in the Original Application against the Defendants and properties as prayed for?
1 provisions across 1 enactments
Central Bank of India
Sumit Jaiswal
Shankar Prasad Shaw
Kamal De
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
