The Debts Recovery Tribunal allowed the application filed by Punjab Gramin Bank for recovery of Rs. 33,41,198/- with interest against the defendants, who were absent. The court directed the issuance of a recovery certificate.
Recovery of Rs. 33,41,198/- with interest @ 11.50% per annum, costs, and issuance of a Recovery Certificate.
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IN THE DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
BEFORE: A S NARANG, PRESIDING OFFICER
OA No: 1603/2024 Date of Institution: 30.09.2024 Date of Decision: 25.08.2026 Punjab Gramin Bank, B/u Umarpura Batala, Distt. Gurdaspur (PB). …Applicant Vs. 1. Gurnam Singh S/o Sadhu Singh, R/o Village Sallo Chahal, Tehsil Batala, Distt. Gurdaspur (PB). 2. Garib Singh S/o Gurnam Singh, R/o Village Sallo Chahal, Tehsil Batala, Dist. Gurdaspur (PB).
...Defendants
Advocates
Sh. K.D. Ray, proxy Counsel for Sh. Bhushan Bhatia, Counsel for the Applicant Bank. Defendants – ex parte .
OA for the Recovery of Rs.33,41,198/- with interest @11.50% per annum with yearly rests from 30.09.2024.
ORDER
2
1 issue framed by the court
Whether the applicant bank established its claim for recovery of the dues as filed in the application.
1 provisions across 1 enactments
Punjab Gramin Bank, B/u Umarpura Batala
Gurnam Singh S/o Sadhu Singh
Garib Singh S/o Gurnam Singh
A S Narang
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
