Allowed

State Bank of India v. Sh. Davinder Singh @Dawinder Singh

DRT29 Jul 2025OA/471/2022

Case brief

AI extract

What is this about?

This judgment reversed a temporary adjournment. The Debt Recovery Tribunal allowed the bank's application under Section 19 of the RDB Act for recovery of outstanding loan dues of Rs.21,41,692/- with interest. The court directed the issue of a Recovery Certificate and the appearance of the defendant before the Recovery Officer for distribution of sale proceeds.

What did the court decide?

Allowed application for recovery of Rs.21,41,692/- with interest. Recovery certificate issued. Ordered the sale of mortgaged land.

State Bank of India versus Sh. Davinder Singh @Dawinder Singh — Banking and Recovery | 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: 471/2022 Date of Institution: 07.03.2022 Date of Decision: 29.07.2025

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SBI (e-SBOP) having its branches all over India and a branch at Noormahal Road, Nakodar, District Jalandhar, Punjab. ……..Applicant Vs. Sh. Davinder Singh @Dawinder Singh s/o Sh. Charan Singh, r/o House No. 195, VPO Chak Chela, Tehsil Shahkot, District Jalandhar, Punjab.

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……….Defendant

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Advocates Sh. RK Jindal, Counsel for the applicant bank. Defendant- ex parte vide order dated 28.03.2023 . OA for the Recovery of Rs.21,41,692/- with interest @10.60% per annum with half-yearly rests from 07.03.2022.

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ORDER

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SBI (e-SBOP) has filed this application under Section 19 of the Recovery of Debts and Bankruptcy Act, 1993 (RDB Act) for the recovery of Rs.21,41,692/- with interest against Sh. Davinder Singh (defendant). 2. Bank’s case is that on 06.06.2016, it had granted a loan of Rs.15.00Lacs to defendant in the form of K.C.C Limit for agricultural purpose. To secure the loan, Defendant had mortgaged his agricultural land (fully detailed in para No.3A of the application). The defendant had duly acknowledged his liability towards the debt on 07.04.2019. The loan was chargeable to interest @10.60% per annum with half-yearly rests. On 15.02.2022, a sum of Rs.21,41,692/- was due from the defendant. Despite repeated requests, defendant did not make the repayment. Hence, this application.

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On 25.03.2022, summons was sent to the defendant by registered post, which was duly served. However, defendant did not put in appearance. Vide order dated 28.03.2023, he was proceeded ex parte . 4. In order to prove its case, the Bank has placed on record the affidavit of Sh. Navnath Mehetre, Branch Manager along with the loan and security documents and marked them as Exhibit A-1 to A-9. 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.15.00 Lacs and on 15.02.2022, a sum of Rs.21,41,692/- was due. 6. Accordingly, the application of the bank for the recovery of Rs.21,41,692/- (Rupees Twenty One Lacs Forty One Thousand Six Hundred Ninety Two Only) with interest @10.60% per annum with halfyearly rests from 07.03.2022, till the date of payment is hereby allowed with costs. Bank can recover its dues by the sale of mortgaged agricultural land fully detailed in para No.3A of the application as well as from the personal movable and immovable property(ies) of the defendant. 7. Pending IAs, if any, stand disposed of. 8. Recovery Certificate be issued accordingly. 9. Party is directed to appear before Recovery Officer on 04.09.2025, who is directed to distribute the sale proceeds of the mortgaged land and standing crops as per the provisions of Section 19(20-AB) of the Act . 10. A Copy of this order along with Recovery Certificate be sent to the Recovery Officer as well as the party. Pronounced in the open Court. (A S Narang) Dated: 29.07.2025 Presiding Officer DRT-1, Chandigarh MANOJ KALRA

State Bank of India v. Sh. Davinder Singh @Dawinder Singh

Case brief

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State Bank of India v. Sh. Davinder Singh @Dawinder Singh

Case brief

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