The Tribunal allowed Punjab National Bank's application for recovery of Rs.25,19,902.98p with interest against Gurdeep Singh. The bank proved the loan advance and dues. The application was proceeded ex parte and a recovery certificate was issued.
Recovery of Rs.25,19,902.98p with interest allowed; Recovery Certificate issued; Sale of mortgaged land directed.
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: 501/2022 Date of Institution: 07.03.2022 Date of Decision: 17.07.2025
Punjab National Bank having its branches all over India and a branch at Circle Sastra Fazilka, Punjab, Near Setia motors Abohar Road, Fazilka, Punjab.
……..Applicant Vs.
Gurdeep Singh s/o Sh. Inder Singh, r/o H.No.36, Village Dabwali Bhab, Tehsil Malout and District Fazilka, Punjab.
……….Defendant
Advocates
Sh. Harinder Kumar, Counsel for the applicant bank. Defendant- ex parte vide order dated 04.03.2024 .
OA for the Recovery of Rs.25,19,902.98p with interest @7.30% per annum with half-yearly rests from 07.03.2022.
ORDER
2
Pronounced in the open Court. (A S Narang) Dated: 17.07.2025 Presiding Officer DRT-1, Chandigarh MANOJ KALRA
3 issues framed by the court
Whether the applicant bank established the debt and admissibility of the claim under Section 19 of the RDB Act.
Whether the defendant's absence warrants ex parte proceeds and issuance of recovery certificate.
Whether the mortgage property can be sold to recover dues.
1 provisions across 1 enactments
Punjab National Bank
Gurdeep Singh
A S NARANG
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
