The Debts Recovery Tribunal allowed the SBI's application for recovery of Rs. 50,47,144/- with interest, finding the loan and dues proved on record, and directed issuance of a recovery certificate.
Recovery of Rs.50,47,144/- with interest @12% p.a. from 27.05.2022 via sale of mortgaged/the-defendants' properties directed.
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.
IN THE DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
BEFORE: A S NARANG, PRESIDING OFFICER
OA No: 1209 of 2022 Date of Institution: 27.05.2022 Date of Decision: 09.05.2025
SBI, having its branches all over India and a branch at SARB Branch, 4th Floor, Aman Plaza Complex, Tower-B, Adjoining Passport Sewa Kendra, Ambedkar Chowk, District Jalandhar, Punjab.
……..Applicant
Vs.
Sukhwinder Singh s/o Sh. Harbans Singh r/o Village Chak Kanian Kalan, Tehsil Dharamkot, District Moga, Punjab.
……….Defendant
Advocates
Ms.Anupama Takhi proxyfor Sh. Arun Takhi, Counsel for the applicant bank.
Defendant - ex parte .
OA for the Recovery of Rs. 50,47,144/- with interest @12% per annum with half-yearly rests from 27.05.2022.
ORDER
2
1 issue framed by the court
Whether the bank established its cause of action for recovery of the stated loan amount with interest against the defendant.
1 provisions across 1 enactments
State Bank of India
Sukhwinder Singh
A S Narang
As recorded by the court registry
2 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
