The DRT-I, Chandigarh allowed the Punjab National Bank's application under Section 19 of the RDB Act to recover ₹29.43 Lacs plus interest against Baltej Singh, who failed to appear. The order authorized recovery via sale of mortgaged land and other properties.
Recovery of ₹29,43,641.17 with interest at 11% p.a., costs ordered; direction to sell mortgaged land.
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: 1601/2023 Date of Institution: 05.09.2023 Date of Decision: 24.04.2026
Punjab National Bank having its branches all over India and a branch at New Grain Market Abohar, Tehsil Abohar and District Fazilka, Punjab. ……..Applicant Vs.
Sh. Baltej Singh s/o Sh. Harchand Singh, r/o Village Khippan Wali, Tehsil Abohar & Distt Fazilka, Punjab.
……….Defendant
Advocates
Sh. Lovish proxy counsel for Sh. Neeraj Madaan, Counsel for the applicant bank.
Defendant- ex parte vide order dated 21.02.2025 .
OA for the Recovery of ₹29,43,641.17p with interest @11% per annum with half yearly rests from 05.09.2023.
ORDER
2
MANOJ KALRA
2 issues framed by the court
Whether the bank proved its case for the recovery of loan dues.
Whether the defendant is liable to repay the outstanding amount with interest.
2 provisions across 1 enactments
Punjab National Bank
Baltej Singh
A S Narang
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
