Allowed

Punjab National Bank v. Sh. Dalbir Singh Boparai @Dalbir Singh

DRT23 Jul 2025OA/164/2024

Case brief

AI extract

What is this about?

The Drt-I Chandigarh allowed the applicant bank's application for recovery of dues and interest under the RDB Act against the defaulting defendant. The court held that the bank proved its loan advance and due amount, permitting recovery via sale of mortgaged land and other property.

What did the court decide?

Recovery of Rs. 29,03,396.03 with interest allowed; Recovery Certificate issued; Sale of mortgaged land authorized.

Punjab National Bank versus Sh. Dalbir Singh… — Contract and Commercial Disputes | DRT (2025)

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IN THE DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH

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BEFORE: A S NARANG, PRESIDING OFFICER

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OA No: 164/2024 Date of Institution: 18.01.2024 Date of Decision: 23.07.2025

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Punjab National Bank having its branches all over India and a branch at Village Ghasitpur, Tehsil Batala, District Gurdaspur, Punjab.

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……..Applicant Vs.

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Sh. Dalbir Singh Boparai @Dalbir Singh s/o Sh. Kartar Singh, r/o Village Marrar, Tehsil Batala, District Gurdaspur, Punjab.

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……….Defendant

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Advocates

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Ms. Ritika Kansal proxy counsel for Sh. M.N. Sharma, Counsel for the applicant bank. Defendant- ex parte vide order dated 20.11.2022 .

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OA for the Recovery of Rs.29,03,396.03p with interest @8.75% per annum with half-yearly rests from 18.01.2024.

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ORDER

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Punjab National Bank has filed this application under Section 19 of the Recovery of Debts and Bankruptcy Act, 1993 (RDB Act) for the recovery of Rs.29,03,396.03p with interest against Sh. Dalbir Singh Boparai @Dalbir Singh (defendant).

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Bank’s case is that on 13.12.2013, it had granted a loan of Rs.15.00 Lacs to defendant in the form of K.C.C Limit for agricultural purpose. To secure the loan, Defendant had mortgaged his land (fully detailed in para No.3A of the application). The loan was chargeable to interest @8.75% per annum with half-yearly rests. On 31.12.2023, a sum of Rs.29,03,396.03p was due from the defendant. Despite repeated requests, defendant did not make the repayment. Hence, this application.

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On 14.02.2024, summons was sent to the defendant by registered post, which was duly served. However, defendant did not put in appearance. Vide order dated 20.11.2024, he was proceeded ex parte . 4. In order to prove its case, the Bank has placed on record the affidavit of Sh. Kimti Lal, Senior Manager along with the loan and security documents and marked them as Exhibit A-1 to A-15. 5. I have perused the evidence on the record. I am of the considered view that the Bank has proved its case that it had advanced the loan of Rs.15.00 Lacs and on 31.12.2023, a sum of Rs.29,03,396.03p was due.

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Accordingly, the application of the bank for the recovery of Rs.29,03,396.03p (Rupees Twenty Nine Lacs Three Thousand Three Hundred Ninety Six and Paise Three Only) with interest @8.75% per annum with half-yearly rests from 18.01.2024, till the date of payment is hereby allowed with costs. Bank can recover its dues by the sale of mortgaged land fully detailed in para No.3A of the application as well as from the personal movable and immovable property(ies) of the defendant.

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Pending IAs, if any, stand disposed of. 8. Recovery Certificate be issued accordingly. 9. Party is directed to appear before Recovery Officer on 29.08.2025, who is directed to distribute the sale proceeds of the mortgaged land and standing crops as per the provisions of Section 19(20-AB) of the Act . 10. A Copy of this order along with Recovery Certificate be sent to the Recovery Officer as well as the party.

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Pronounced in the open Court. (A S Narang) Dated: 23.07.2025 Presiding Officer DRT-1, Chandigarh MANOJ KALRA

Punjab National Bank v. Sh. Dalbir Singh Boparai @Dalbir Singh

Case brief

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What did the court decide?

Punjab National Bank v. Sh. Dalbir Singh Boparai @Dalbir Singh

Case brief

What is this about?

What did the court decide?

What the court decided

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