DRT allowed the applicant bank's application for recovery of outstanding dues with interest against the defendant, permitting sale of mortgaged property and other assets for fulfillment of debt.
Application for recovery of Rs. 20,81,898/- with interest allowed; Recovery Certificate issued; directions to sale proceeds distribution.
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IN THE DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
BEFORE: A S NARANG, PRESIDING OFFICER
OA No: 1180 of 2022 Date of Institution: 04.06.2022 Date of Decision: 29.04.2025
Punjab National Bank having its branches all over India and a branch at Qadian Road, Batala, District Gurdaspur, Punjab.
……..Applicant Vs. Gurdev Singh s/o Rattan Singh r/o Village Mattewal, Tehsil Batala, District Gurdaspur, Punjab. ……….Defendant
Advocates
Sh. Ankit Kaushal, Counsel for the applicant bank. Defendant - ex parte .
OA for the Recovery of Rs. 20,81,898/- with interest @11.50% per annum with yearly rests from 04.06.2022.
ORDER
2
1 provisions across 1 enactments
Punjab National Bank
Gurdev Singh
A S Narang
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
