The Debts Recovery Tribunal allowed the applicant bank's application for recovery of dues. The court held the bank proved its case by evidence regarding loans granted and subsequent default, proceeding ex parte against non-appearing defendants.
Recovery of Rs.25,12,156/- with interest allowed; Recovery Certificate issued; Direction to sell mortgaged land.
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: 1652/2022 Date of Institution: 10.08.2022 Date of Decision: 06.11.2025
Punjab National Bank having its branches all over India and a branch at Circle Sastra Centre, Hamirpur, Himachal Pradesh.
……..Applicant
Vs.
Address 2: Village Palthin, PO Auhar, Tehsil Ghumarwin, Distt. Bilaspur, Himachal Pradesh.
Address 2: H.No.22/4, Ward No.1, Anil Depot Shop, Upper Akara Bazar, Ram Shilla Kullu, Distt. Kullu, Himachal Pradesh.
……….Defendants
Advocates
Sh. Bhushan Bhatia, Counsel for the applicant bank. Defendants - ex parte vide order dated 16.04.2024 .
OA for the Recovery of Rs.25,12,156/- with interest @8.00% per annum with monthly rests from 10.08.2022.
ORDER
2
3
costs. The liability of defendant no.1 would be for the whole decretal amount whereas Defendant nos.2 and 3 would be liable to the extent of amount due in the G.C.C. Limit and Term Loan respectively. 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 defendants.
Pronounced in the open Court. (A S Narang) Dated: 06.11.2025 Presiding Officer DRT-1, Chandigarh
MANOJ KALRA
2 issues framed by the court
Whether the bank's application for recovery of the due amount is maintainable after proving the loan and default.
How the liability should be apportioned between the primary borrower and the guarantors.
1 provisions across 1 enactments
Punjab National Bank
Sh. Lal Chand
Smt. Kanchan Kumari
Sh. Ashwani Sharma
A S Narang
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
