Final order in original application No.419/2024 confirming recovery of Rs. 47,09,096.44 with interest and future simple interest from the defendant bank in appeal.
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DEBTS RECOVERY TRIBUNAL-III, CHANDIGARH
PUNJAB NATIONAL BANK
VS
M/S TAKSHVI STEEL CORPORATION AND ANOTHER
Case No: ORIGINAL APPLICATION NO.419/2024
Date…. 23TH JUNE 2025
Final order pronounced. Vide separate of even date, recovery of Rs.47,09,096.44p (Rupees Forty Seven Lacs Nine Thousand Ninety Six And Paise Forty Four Only) with current and future simple interest @8.00%p.a. in all the loan accounts with costs has been ordered.
Parties to appear before Recovery Officer on 14.07.2025.
Copy of this order be sent to the applicant bank and the defendants through registered/speed post. This order be also uploaded on the official website of this Tribunal. File be consigned to record room after due compliance.
(MRIDULESH KUMAR SINGH) Presiding Officer DRT-III, Chandigarh
PUNJAB NATIONAL BANK
MRIDULESH KUMAR SINGH
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
