The Debts Recovery Tribunal allowed the bank's application under Section 19 of the RDB Act for the recovery of Rs.29,87,267/- with interest. The court directed the issuance of a recovery certificate and the sale of mortgaged land to recover dues.
Application allowed for recovery of Rs.29,87,267/- with interest; Recovery Certificate issued; Pending IAs disposed of
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: 1966/2022 Date of Institution: 22.09.2022 Date of Decision: 03.11.2025
SBI having its branches all over India and a branch at Kala Tibba, Teshil Abohar, District Fazilka, Punjab.
……..Applicant
Vs.
Sh. Harnek Singh s/o Sh. Karnail Singh, r/o Village Kala Tibba, PO Ramsara, Tehsil Abohar, District Fazilka, Punjab.
……….Defendant
Advocates
Ms. Seerat Sharma proxy counsel for Sh. Pankaj Beri, Counsel for the applicant bank. Defendant- ex parte vide order dated 12.09.2024 .
OA for the Recovery of Rs.29,87,267/- with interest @11.40% per annum with half-yearly rests from 22.09.2022.
ORDER
2
Pronounced in the open Court. (A S Narang) Dated: 03.11.2025 Presiding Officer DRT-1, Chandigarh MANOJ KALRA
2 issues framed by the court
Whether the applicant bank proved its case for the recovery of the outstanding loan amount with interest.
Whether the ex parte proceedings were valid after proper service of summons.
2 provisions across 1 enactments
SBI
Sh. Harnek Singh
A S Narang
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
