Debts Recovery Tribunal allowed the applicant bank's application for recovery of Rs. 30,33,533/- plus interest at 9% p.a. and a charge over mortgaged properties as the defendant appeared ex-parte.
Recovery of Rs. 30,33,533/- plus future interest at 9% p.a. from 30.10.2023 and charge over mortgaged properties with right to sale.
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.
Presented on: 30.10.2023 Registered on: 03.06.2024 Decided on: 04.11.2025 Duration: Y M D 02 00 03
IN THE DEBTS RECOVERY TRIBUNAL AT AURANGABAD (Before Dr. J. R. Chauhan Presiding Officer) ORIGINAL APPLICATION No. 380/2024
TOTAL CLAIM AMOUNT – Rs. 30,33,533/-
STATE BANK OF INDIA,
State Bank of India (SARB) is a body corporate constituted under the State Bank of India (SARB), Act, 1955 having a SME Branch at Tuljapur, through its Manager through Mr. Anupkumar Kashinath Tabhane , Manager, (City Case Officer), SARB, Aurangabad. Age: 39 years, Occ.: Service, R/o. Aurangabad.
… Applicant
Versus
1. Ms. Premium Poultry Farm Laxman Mahadev Ulekar, Age: Major, Occ.: Business, R/o.: Lohiya Nagar, Tuljapur, Tq. Tuljapur, Dist. Tuljapur.
…Defendant
APPEARANCES
For the Applicant For Defendant
Mr. A.L. Muley Advocate Ex-parte
[AMBADAS]
(OA No.380/2024)
Page 1 of 8
JUDGMENT Delivered on 04.11.2025
Brief facts of the application are as under:
(OA No.380/2024)
Page 2 of 8
[AMBADAS]
interest @2% by way of liquidated damages in case of default in
repayment.
including the sanction letter, hypothecation agreement, registered mortgage deed vide no. TJP-1916-2016 dated 27.05.2016 etc., in favour of the Applicant Bank.
i) All that piece & parcel of Gut No. 503, admeasuring area 1 H, 80 R, situated at Aarli Bk. Tq. Tuljapur, Dist. Osmanabad, standing in the name of Laxman Mahadeo Ulekar, which is bounded as under: East: Land of Sachin West: Land of Nagnath,
(OA No.380/2024)
Page 3 of 8
[AMBADAS]
South: Land of Mallikarjun, North: Road.
ii) All that piece & parcel of Gut No. 508, admeasuring area 60 R, situated at Aarli Bk. Tq. Tuljapur, Dist. Osmanabad, standing in the name of Laxman Mahadeo Ulekar, which is bounded as under:
East: Survey No. 193, West: Land of Nagnath, South: CTS No. 2773, North: Road.
(OA No.380/2024)
Page 4 of 8
[AMBADAS]
defendant failed and neglected to repay the outstanding dues of the applicant Bank. Hence, this application is filed.
(OA No.380/2024)
Page 5 of 8
[AMBADAS]
ORDER
(OA No.380/2024)
Page 6 of 8
[AMBADAS]
till full payment/realization of the amount mentioned in this operative order.
(C) The aforesaid adjudicated amount is secured by the mortgaged of the following immovable property vide registered mortgage deed vide no. TJP-1916-2016 dated 27.05.2016 at Exh. A-2 in list of documents Exh. 5.
i) All that piece & parcel of Gut No. 503, admeasuring area 1 H, 80 R, situated at Aarli Bk. Tq. Tuljapur, Dist. Osmanabad, standing in the name of Laxman Mahadeo Ulekar, which is bounded as under: East: Land of Sachin West: Land of Nagnath, South: Land of Mallikarjun, North: Road.
ii) All that piece & parcel of Gut No. 508, admeasuring area 60 R, situated at Aarli Bk. Tq. Tuljapur, Dist. Osmanabad, standing in the name of Laxman Mahadeo Ulekar, which is bounded as under: East: Survey No. 193, West: Land of Nagnath, South: CTS No. 2773, North: Road.
(OA No.380/2024)
Page 7 of 8
[AMBADAS]
(D) The applicant Bank is entitled to sell the mortgaged immovable properties and hypothecated articles/goods etc., to recover its dues.
(F) The Registrar is directed to send the copy of the Judgment and Recovery Certificate to the applicant and defendant.
(G) File be consigned to the record room.
Sd/Pronounced in open court. (Dr. J. R. Chauhan) Place: Aurangabad Presiding Officer Date:.04.11.2025 Debts Recovery Tribunal, Aurangabad
(OA No.380/2024)
Page 8 of 8
[AMBADAS]
1 issue framed by the court
Whether the applicant bank is entitled to recover the outstanding loan amount in the absence of the defendant.
1 provisions across 1 enactments
State Bank of India
Ms. Premium Poultry Farm Laxman Mahadev Ulekar
Dr. J. R. Chauhan
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
