Allowed

State Bank of India v. Sh. Nirmal Singh

DRT2 Feb 2026OA/129/2022

Case brief

AI extract

What is this about?

The Debts Recovery Tribunal allowed the State Bank of India's application for recovery of Rs.28,42,155/- with interest against the defendants, who appeared ex parte. The Tribunal confirmed the bank's claim regarding the loan and due amount and directed the issuance of a recovery certificate and proceedings for sale of mortgaged and other properties.

What did the court decide?

Recovery of Rs.28,42,155/- with interest and costs; issuance of Recovery Certificate; direction to sell mortgaged and other properties.

State Bank of India versus Sh. Nirmal Singh — Contract and Commercial Disputes | DRT (2026)

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IN THE DEBTS RECOVERY TRIBUNAL-II, CHANDIGARH

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BEFORE: A S NARANG, PRESIDING OFFICER

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OA No: 129/2022 Date of Institution: 21.09.2021 Date of Decision: 02.02.2026

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SBI at ADB Jagadhri, SCO No. 42-43, Opposite Pandit Automobile, HUDA Sector 17, Jagadhri, District Yamuna Nagar, Haryana

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……..Applicant Vs.

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Sh. Nirmal Singh S/o Sh. Ujagar Singh, r/o Thana Chappar, Tehsil Jagadhri, District Yamunanagar, Haryana

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Sh. Ujagar Singh S/o Sh. Naranjan Singh, r/o Thana Chappar, Tehsil Jagadhri, District Yamunanagar, Haryana

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…….Defendants

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Advocates

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Sh. Arun Sharma, Counsel for the applicant bank Defendants- ex parte

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OA for the Recovery of Rs.28,42,155/- with interest @10.60% per annum with half-yearly rests from 21.09.2021.

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ORDER

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SBI (Applicant Bank) has filed this application under Section 19 of the Recovery of Debts and Bankruptcy Act, 1993 (RDB Act) for the recovery of Rs.28,42,155/- with interest against Sh. Nirmal Singh and Another (defendants).

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Bank’s case is that on 17.09.2015, it had granted a loan of

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Rs.18.00 Lacs to the defendants in the form of PBKC Facility for

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agricultural purpose. To secure the loan, defendant No. 1 had mortgaged his property (fully detailed in para No.3(A) of the application). The loan was chargeable to interest @12% per annum with half-yearly rests. Defendants had acknowledged and admitted their liability for debt on 31.03.2017. On 23.08.2021, a sum of Rs.28,42,155/- was due from the defendants. Despite repeated requests, defendants did not make the repayment. Hence, this application.

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On 17.03.2022, summonses were sent to the defendants by registered post, which were duly served. However, defendants did not put in appearance. Vide order dated 27.05.2022, they were proceeded ex parte .

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In order to prove its case, the Bank has placed on record the affidavit of Sh. Manish Kumar, Branch Manager along with the loan and security documents and marked them as Exhibit A-1 to A-09.

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I have perused the evidence on the record. I am of the considered view that the Bank has proved its case that it had advanced the loan of Rs.18.00 Lacs and on 23.08.2021, a sum of Rs.28,42,155/- was due.

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Accordingly, the application of the bank for the recovery of Rs.28,42,155/- (Rupees Twenty Eight Lacs Forty Two Thousand One Hundred and Fifty Five Only) with interest @10.60% per annum with half-yearly rests from 21.09.2021, till the date of payment is hereby allowed with costs. The liability of all the defendants would be joint and several. Bank can recover its dues by the sale of mortgaged property(ies) fully detailed in para No.3(A) of the application as well as from the hypothecated/personal movable and immovable property(ies) of the defendants.

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Pending IAs, if any, stand disposed of.

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Recovery Certificate be issued accordingly. 9. Parties are directed to appear before Recovery Officer on 27.03.2026, who is directed to distribute the sale proceeds of the mortgage property(ies) and standing crops as per the provisions of Section 19(20-AB) of the Act . 10. A copy of this order along with Recovery Certificate be sent to the Recovery Officer as well as the parties. Pronounced in the open Court (A S Narang) Dated: 02.02.2026 Presiding Officer DRT-2, Chandigarh (Additional charge)

State Bank of India v. Sh. Nirmal Singh

Case brief

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State Bank of India v. Sh. Nirmal Singh

Case brief

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What did the court decide?

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