The Debts Recovery Tribunal allowed the application filed by State Bank of India for recovery of Rs.46,39,639/-. The court found that the loan documents were established and ordered the recovery of dues from the respondent's movable and immovable property.
Recovery of Rs.46,39,639/- with interest ordered from respondent's movable and immovable property.
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IN THE DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
BEFORE: A S NARANG, PRESIDING OFFICER
OA No: 1450/2024 Date of Institution: 13.09.2024 Date of Decision: 20.08.2026
State Bank of India; Stress Assets Resolution Branch (SARB) at Rail Head Complex, Administrative Building, Bahu Plaza, Jammu, Jammu and Kashmir (U.T.) 180012.
… Applicant Vs.
Manjeet Kour W/o Late Sh. Gurbaksh Singh R/o Village Mahrajpur, Near Primary School, Tehsil Marheen, District Kathua, Jammu and Kashmir (U.T.) 184148.
…Defendants
Advocates
Sh. Saurabh Bhardwaj, Counsel for the Applicant Bank along with Mr. Satish Singh, Chief Manager, SBI SARB, Jammu. Defendants – ex parte .
OA for the Recovery of Rs.46,39,639/- with interest @12.40% per annum with monthly rests from 13.09.2024.
ORDER
2
| Pronounced in the open court. | (A S Narang) |
|---|---|
| Dated:20.08.2026 | Presiding Officer |
| DRT-1, Chandigarh | |
| HARSH |
1 issue framed by the court
Whether the application for recovery of dues under the RDB Act was maintainable and proved?
1 provisions across 1 enactments
State Bank of India
Manjeet Kour
A S Narang
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
