The Debts Recovery Tribunal allowed the bank's application for recovery of Rs.39,21,070/- plus interest against the defendant, whose failure to repay an agricultural loan despite acknowledgment of liability was established based on unchallenged affidavit evidence.
Recovery of Rs.39,21,070/- with interest issued.
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: 244/2023 Date of Institution: 19.01.2023 Date of Decision: 11.12.2025
Canara Bank having its branches all over India and a branch at Jawahar Market, Shahkot, Tehsil Shahkot, District Jalandhar, Punjab.
……..Applicant Vs.
Sh. Balraj Singh s/o Sh. Jagat Singh, r/o VPO Akbarpur Kalan, Tehsil Shahkot, District Jalandhar, Punjab.
……….Defendant
Advocates
Sh. P.K. Khurana, Counsel for the applicant bank. Defendant- ex parte vide order dated 11.09.2024 .
OA for the Recovery of Rs.39,21,070/- with interest @9.40% per annum with half-yearly rests from 19.01.2023.
ORDER
2
Pronounced in the open Court. (A S Narang) Dated: 11.12.2025 Presiding Officer DRT-1, Chandigarh
MANOJ KALRA
1 issue framed by the court
Whether the bank has proved its case for recovery of the outstanding loan amount along with interest.
2 provisions across 1 enactments
Canara Bank
Sh. Balraj Singh
A S Narang
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
