The Debts Recovery Tribunal allowed the Bank's application in absentia. It ordered Defendants to pay Rs.34.02 lakhs plus future interest at 9% p.a. and granted the Bank the right to sell the mortgaged property for recovery.
Direction to pay Rs.34,02,090 with interest at 9% p.a. and authorisation to sell mortgaged property.
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: 13.04.2022 Registered on: 27.10.2022 Decided on: 19.12.2025 Duration: Y M D 03 08 06
IN THE DEBTS RECOVERY TRIBUNAL AT PUNE (Before Shri Dilip G. Murumkar, Presiding Officer) ORIGINAL APPLICATION No.978/2022.
IDBI BANK LIMITED ,
A Company incorporated and registered under the Companies Act, 1956 ( 1 of 1956) and a company within the meaning of Section 2(20) of the Companies Act, 2013 (18 of 2013) and a Banking Company under Section 5(c) of Banking Regulation Act of 1949 (10 of 1949) having its registered office at IDBI Tower, WTC Complex, Cuff Parade, Colaba, Mumbai-400 005 and having one of its branches amongst other places at IDBI House, Retail Recovery Branch, 3rd Floor, Sant Dnyaneshwar Paduka Chowk, F.C. Road, Shivajinagar, Pune-411 004.
… Applicant
Versus
1. Mr. Chandrashekhar Ramaji Lanjewar
2. Mrs. Sneha Chandrashekhar Lanjewar
Both R/at Flat No.302, Regency Heights Apartments, Condominium Sector-13, Plot No.124/A, Chikhali Pradhikaran, PCNTDA, NIGDI, Near Tata Motor Car Plant, Chinchwad, Pune-411 019.
…Defendant
s
APPEARANCES For the Applicant Advocate – Mr. Pradeep Yadav For the Defendants Ex parte.
TOTAL CLAIM AMOUNT –Rs.34,02,090/-.
(OA No.978/2022)
Page 1 of 5
[ANIL]
JUDGMENT
(Delivered on 19th December, 2025)
The Applicant Bank states that Defendant No.1 & 2 approached the Applicant Bank and requested for Home Loan, Top Up Loan and Insurance Premium Loan, which was sanctioned and disbursed by the applicant bank, as under –
| Type of Loan | Date of Sanction |
Amount disbursed |
|---|---|---|
| Home Loan | 27.09.2017 | Rs.17,25,000/- |
| Insurance Premium Loan | 27.09.2017 | Rs.1,19,142/- |
| Home Loan -TopUp | 27.09.2017 | Rs.5,75,000/- |
| Home Loan-Topup | 16.10.2017 | Rs.5,36,000/- |
In order to secure the aforesaid Loan facilities, the defendants have executed loan and security documents as set out in Para Nos.5.3, 5.5 & 5.7 of the Original Application, in favor of the Applicant Bank.
(OA No.978/2022)
Page 2 of 5
[ANIL]
Immovable Property : -
Flat No.302, Regency Heights Apartments, Condominium Sector-13, Plot No.124/A, Chikhali Pradhikaran, PCNTDA, Nigdi, near TATA Motors Car Plant, Chinchwad, Pune-411 019 admeasuring 42.14 sq.mtrs. carpet area, Terrace area 7.02 sq. mtrs. + Dry Balcony 2.16 sq. mtrs total admeasuring area is 51.32 sq. mtrs. or thereabouts situated at Chikhali, within the local limits of Pimpri Chinchwad Municipal Corporation, within the Pimpri Chinchwad New Town Development Authority and within the jurisdiction of Sub Registrar, Haveli, Pune and the land i.e. Plot No.124/A admeasuring area 1022.32 sq. mtrs. at village Chikhali, more particularly described in Para No.5.4 of the Original Application.
(OA No.978/2022)
Page 3 of 5
[ANIL]
ORDER
(A) Original Application No.978/2022 is allowed with costs.
(B) Defendant Nos.1 & 2 either jointly or severally shall pay an aggregate sum of Rs. Rs.34,02,090/(Rupees Thirty-Four Lakhs Two Thousand Ninety
(OA No.978/2022)
Page 4 of 5
[ANIL]
only) with future interest @ 9% per annum (simple) from the date of filing of the Original Application i.e. 13.04.2022 till payment / realization of the amount mentioned in this operative order.
(C) The aforesaid adjudicated amount is secured by mortgage of immovable property i.e. Flat No.302, Regency Heights Apartments, Condominium Sector13, Plot No.124/A, Chikhali Pradhikaran, PCNTDA, Nigdi, near TATA Motors Car Plant, Chinchwad, Pune-411 019 admeasuring 42.14 sq.mtrs. carpet area, Terrace area 7.02 sq. mtrs. + Dry Balcony 2.16 sq. mtrs total admeasuring area is 51.32 sq. mtrs. or thereabouts situated at Chikhali, within the local limits of Pimpri Chinchwad Municipal Corporation, within the Pimpri Chinchwad New Town Development Authority and within the jurisdiction of Sub Registrar, Haveli, Pune and the land i.e. Plot No.124/A admeasuring area 1022.32 sq. mtrs. at village Chikhali, more particularly described in Para No.5.4 of the Original Application.
(D) The Applicant Bank is entitled to sell the mortgaged immovable property to recover its dues.
(F) The Registrar is directed to send the copy of Judgment & Recovery Certificate to the Applicant Bank and the defendants.
Place : Pune Date: 19.12.2025
Sd/(Dilip G. Murumkar) Presiding Officer, Debts Recovery Tribunal, Pune.
(OA No.978/2022)
Page 5 of 5
[ANIL]
1 issue framed by the court
Whether the Defendant(s) are liable to repay the claimed loan amount and interest.
IDBI Bank Limited
Mr. Chandrashekhar Ramaji Lanjewar
Mrs. Sneha Chandrashekhar Lanjewar
Dilip G. Murumkar
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
