The Debt Recovery Tribunal allowed the original application filed by Union Bank of India against borrowers and guarantors for recovery of a housing loan dues totaling Rs.22,27,086/- along with interest and costs, as the bank's evidence was unrebutted.
Defendants directed to pay Rs.22,27,086/- along with interest @12% per annum and costs within 30 days.
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T.A. No. 805 of 2023
Debts Recovery Tribunal-I, Delhi 4th floor, Jeevan Tara Building, Parliament Street, New Delhi
Presiding Officer: Shri Govind Ballabh Sharma
T.A. No.805 of 2023
Union Bank of India 63, CSC-II, Sector-9 Ist Floor, Rohini, Delhi-110086
Applicant
Versus
Also at:
G-1/243, Sector-16 Rohini, New Delhi-110085
Also at:
Proprietor of Prit Trading Main Road, Gali no.12 Wazirabad Village, Delhi
Also at:
G-1/243, Sector-16 Rohini, New Delhi-110085
Also at:
M/s Balaji Electronic Through its Proprietor Main Road, Gali No.12 Wazirabad Village, Delhi
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T.A. No. 805 of 2023
Present: Mr. Ashutosh Bhati, Counsel for the applicant bank Mr. S.S. Katyal, Counsel for the defendant no.6
Date of Institution: 05.01.2015
Date of Pronouncement: 12.09.2025
FINAL ORDER
This original application has been filed by the applicant bank before DRT-III, Delhi on 05.01.2015 and then transferred to DRT-1, Delhi through its authorized representative under Section 19 of Recovery of Debts Due to Banks and Financial Institutions Act, 1993 against the defendants for recovery of of Rs.22,27,086/- (Rupees Twenty Two Lacs Twenty Seven Thousand Eighty Six only) as on 29.11.2014 along with pendentelite and future interest @10.50% per annum plus penal interest @2% per annum with monthly rests from 01.12.2014 till the date of realization along with costs.
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T.A. No. 805 of 2023
of Rs.24,859/- each for purchasing property being Entire Third floor portion with roof/terrace rights situated at Property bearing No.C-245, out of Khasra no.262/258/217/4, Gali no.8, Block-C I Hardbast no.50, area measuring 111 sq. yards (92.81 sq. meters), Village Bharola Majis Park, Adarsh Nagar, Delhi. Defendant no.3 stood as a guarantor for the said loan facility sanctioned in favour of defendant no.1 & 2. The defendant no.4 executed Agreement to Sell in favour of defendant no.1 was the owner of property being financed by the applicant bank. The defendant no.5 being Sub-Registrar VIA, wherein the sale deed of property in question was to be registered.
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T.A. No. 805 of 2023
unauthorized construction and as such Respondent no.5 refused to register sale deed pertaining to the same.
S</-
T.A. No. 805 of 2023
Loan Agreement, Demand Promissory Note, Letter of Undertaking, Letter of Guarantee, Undated letter, Undertaking Letter, Agreement to Sell, Sale Deed, Certified copy of Sale Deed, Title Deeds, Registration Receipt, Demand Draft, Notice dated 30.05.2012, Notice dated 15.12.2014, Statement of Account, Certificate u/s 2A of Banker's Book Evidence Act Ex.AW-1/1 to Ex.AW-1/27.
ORDER
I, allow this OA and direct the defendants to pay to the applicant bank, jointly or severally, within a period of 30 days, a. sum of Rs.22,27,086/- (Rupees Twenty Two Lacs Twenty Seven Thousand Eighty Six only) together with pendentelite and future interest @12% per annum with monthly rests from the date of filing this application till the date of realization and costs; failing which the aforesaid shall be recovered from the sale of movable and immovable properties of the defendants.
sd-
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T.A. No. 805 of 2023
(II) The recovery certificate be issued forthwith and be sent to the Recovery Officer, Debt Recovery Tribunal-I, Delhi.
(III) Parties are directed to appear before the Recovery Officer, DRT I, Delhi on 10.11.2025.
(IV) Copies of final order as well as Recovery Certificate be
sent to all concerned free of cost.
(GOVIND BALLABH SHARMA) PRESIDING OFFICER DRT-I, DELHI
(Dictated and pronounced in open court)
Dated: 12.09.2025
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Union Bank of India
Smt. Seema w/o Sh.Satbir Singh
Sh. Satbir Singh
Sh. Vicky Singh s/o Sh. Nanak Singh
Smt. Paramjeet Kaur w/o Sh. Vicky Singh
The Sub-Registrar VI A Pitampura
Govind Ballabh Sharma
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
