Allowed

Canara Bank v. Harjit Singh

DRT27 Oct 2025OA/324/2023

Case brief

AI extract

What is this about?

The Debt Recovery Tribunal allowed the application filed by Canara Bank for the recovery of Rs. 25,57,325/- plus interest against the principal borrower and guarantor vide an ex parte order, pursuant to the Recovery of Debts and Bankruptcy Act, 1993.

What did the court decide?

Recovery of Rs. 25,57,325/- with interest at 11.90% p.a. allowed to be realized from mortgaged land and personal property of defendants via Recovery Officer.

Canara Bank versus Harjit 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: 324 of 2023 Date of Institution: 06.02.2023 Date of Decision: 27.10.2025

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Canara Bank having its branches all over India and a branch at Tibber, Tehsil & District Gurdaspur, Punjab.

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……..Applicant

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Vs.

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Harjit Singh s/o Sh. Dalbir Singh r/o Village Bahian, Post Office Tibber, Tehsil and District Gurdaspur, Punjab.

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Narinder Singh s/o Sh. Lal Singh r/o Village Bahian, Post Office Tibber, Tehsil and District Gurdaspur, Punjab.

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……….Defendants

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Advocates

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Sh. K.A.K. Davesar, Counsel for the applicant bank. Defendants - ex parte .

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OA for the Recovery of Rs.25,57,325/- with interest @11.90% per annum with half-yearly rests from 06.02.2023.

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ORDER

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Canara Bank (Bank) has filed this application under Section 19 of the Recovery of Debts and Bankruptcy Act, 1993 (RDB Act) for the recovery of Rs.25,57,325/- with interest against Sh. Harjit Singh and another (defendants).

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Bank’s case is that on 04.08.2018, it had granted a loan of Rs.20.00Lacs to defendant no.1 in the form of K.C.C. Limit for agricultural purpose. To secure the loan, Defendant no.1 had mortgaged his land (fully detailed in para No.3A of the application). Defendant no.2 stood as the guarantor. The loan was chargeable to interest @11.90% per annum with half-yearly rests. The defendants had acknowledged the liability towards the debt on 13.04.2021. On 31.01.2023, a sum of

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Rs.25,57,325/- was due from the defendants. Despite repeated requests, defendants did not make the repayment. Hence, this application.
3. On 27.02.2023, summonses were sent to the defendants by
registered post, which were duly served. However, defendants did not put in appearance. Vide order dated 12.02.2024, they were proceeded_ex_ parte.
4. In order to prove its case, the Bank has placed on record the
affidavit of Mr. Arun Kumar, Senior Manager along with the loan and security documents and marked them as Exhibit A-1 to A-11.
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.20.00Lacs and on 31.01.2023, a sum of Rs.25,57,325/- was due.
6. Accordingly, the application of the bank for the recovery of
Rs.25,57,325/- (Rupees Twenty Five Lacs Fifty Seven Thousand Three Hundred Twenty Five Only) with interest @11.90% per annum with half- yearly rests from 06.02.2023, till the date of payment is hereby allowed with costs. The liability of all the defendants would be joint and several.
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. 7. Pending IAs, if any, stand disposed of.
8. Recovery Certificate be issued accordingly.
9. Parties are directed to appear before Recovery Officer on
28.11.2025,who is directed to distribute the sale proceeds of the
mortgaged property(ies) and standing crops as per the provisions of Section 19(20-AB) of the Act.

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A Copy of this order along with Recovery Certificate be sent to the Recovery Officer as well as the parties. Pronounced in the open Court. (A S Narang) Dated: 27.10.2025 Presiding Officer DRT-1, Chandigarh Amanpreet (Law Researcher)

Canara Bank v. Harjit Singh

Case brief

What is this about?

What did the court decide?

Canara Bank v. Harjit Singh

Case brief

What is this about?

What did the court decide?

What the court decided

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