The Debts Recovery Tribunal allowed the applicant bank's application for recovery of dues against the defendant who failed to repay a loan secured by mortgaged agricultural land, directing a Sale Certificate to be issued.
Recovery of ₹27,41,830.08p with interest; direction to issue Recovery Certificate for sale of mortgaged and personal 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.
IN THE DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
BEFORE: A S NARANG, PRESIDING OFFICER
OA No: 1177/2024 Date of Institution:15.06.2024 Date of Decision: 20.03.2026
Punjab Gramin Bank having its branches all over India and a branch at Harsha Chinna, District Amritsar, Amritsar, Punjab.
……..Applicant
Vs.
Sh. Hardev Singh s/o Sh. Piara Singh, r/o H.No.129, Bhoea Wali Village Bhoiwali, Tehsil Ajnala, District Amritsar, Punjab.
……….Defendant
Advocates
Sh. Manish Singla, Counsel for the applicant bank. Defendant- ex parte vide order dated 12.08.2025 . OA for the Recovery of ₹27,41,830.08p with interest @11.50% per annum with half-yearly rests from 15.06.2024.
ORDER
2
MANOJ KALRA
1 issue framed by the court
Whether the bank is entitled to recover the dues of ₹27,41,830.08p with interest from the defendant.
1 provisions across 1 enactments
Punjab Gramin Bank
A S Narang
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
