Uco Bank v. Sh Lalji Yadav
Case brief
What is this about?
The Debts Recovery Tribunal allowed the bank's application for recovery of dues. The court held that the bank proved its case beyond doubt through documentary evidence and directed the defendants to pay the outstanding sum with interest.
What did the court decide?
Defendants directed to pay Rs.21,60,077/- with interest and costs within 30 days; recovery to be effected from sale of mortgaged property and other assets.
What the court decided
T.A. No.2317 of 2022
Debts Recovery Tribunal-I, Delhi 4th floor, Jeevan Tara Building, Parliament Street, New Delhi
Presiding Officer: Shri Govind Ballabh Sharma
T.A. No. 2317 of 2022
UCO Bank
Rajendra Place Branch 30/29, East Patel Nagar New Delhi-110008
Applicant
Versus
- Sh. Lalji Yadav s/o Lt. Sh.Dev Narayan Yadav 868/18, Rajendra Singh Lakra Marg Mundka, New Delhi-110041
- Sh. Narendra Yadav s/o Sh. LaIji Yadav 868/18, Rajendra Singh Lakra Marg Mundka, New Delhi-110041
- Mrs. Chandrawati Yadav w/o Sh. Lalji Yadav
868/18, Rajendra Singh Lakra Marg Mundka, New Delhi-110041 Defendants
Issues for consideration
2 issues framed by the court
Whether the applicant bank is entitled to recovery of outstanding dues including interest and costs from the defaulting borrowers.
Whether the ex-parte proceedings against the defendants who failed to appear are maintainable.
Parties & counsel
- applicant
UCO Bank
- respondent
Sh. Lalji Yadav
- respondent
Sh. Narendra Yadav
- respondent
Mrs. Chandrawati Yadav
Coram
Case details
As recorded by the court registry
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