Allowed

State Bank of India v. Ms Haryana Dal Mill

DRT18 Jun 2026OA/1/2025

Case brief

AI extract

What is this about?

The Tribunal allowed an original application by State Bank of India for recovery of outstanding loan dues from M/s Haryana Dal Mill and four individuals. Set ex parte, the court decreed repayment of principal and 9% future interest, rejecting applied penal interest while securing dues against mortgaged and hypothecated properties.

What did the court decide?

Decree for joint and several payment of adjusted principal sums with 9% future interest; confirmation of charge on mortgaged and hypothecated properties; issuance of Recovery Certificate.

State Bank of India versus Ms Haryana Dal Mill — Company and Corporate | DRT (2026)

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Page 1 of 7 O.A. No. 1/2025

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PRESENTED ON : 06.12.2024

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REGISTERED ON : 01.01.2025

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BEFORE THE PO, DEBTS RECOVERY TRIBUNAL, NAGPUR Delivered by Pankaj Kumar

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O.A. No. 1/2025

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State Bank of India

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: Applicant

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A bank constituted under the State Bank of India Act, 1955 having one of its branch at Stressed Assets Recovery Branch, 5, Sai Complex, 3^rd Floor, Above Industrial Finance Branch, Bharat Nagar, Amravati Road, Nagpur – 440010 Phone No. 0712-2567934, 2567345 IFS Code : SBIN0010152

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Acting through its Chief Manager Smt. Sujata Anil Chauthaiwale,

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Mobile No. 9420179170 E-mail : [email protected]

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Having authority to file the Original Application which includes the authority to verify & sign the Original Application.

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Versus

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1. M/s Haryana Dal Mill

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: Defendants

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A partnership firm acting through its partner

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Shri Shubhakaran Ramchandra Madhogarhia Aged about : 64 Years, A-27/1, MIDC, Amravati – 444607 PAN : AAAFH5830P Also at :

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Page 2 of 7 O.A. No. 1/2025

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Madhogarhia Sadan, Siddhivinayak Colony,

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Vilas Nagar, Amravati – 444601 Also at : Flat No. 202, Gukuldham Residency, Kharaiya Nagar, Amravati - 444604

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2. Shri Shubhakaran Ramchandra Madhogarhia

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Aged about : 64 Years, Occupation : Business, A-27/1, MIDC, Amravati – 444607 PAN : AAWPM8788R Also at :

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Madhogarhia Sadan, Siddhivinayak Colony, Vilas Nagar, Amravati – 444601 Also at : Flat No. 202, Gukuldham Residency, Kharaiya Nagar, Amravati – 444604

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3. Shri Shivbhagwan Ramchandra Madhogarhia

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Aged about : 63 Years, Occupation : Business, A-27/1, MIDC, Amravati – 444607 PAN : AAWPM8878J Also at :

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Madhogarhia Sadan, Siddhivinayak Colony, Vilas Nagar, Amravati – 444601 Also at :

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Flat No. 202, Gukuldham Residency, Kharaiya Nagar, Amravati – 444604

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4. Shri Pramod Ramchandra Madhogarhia

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Aged about : 59 Years, Occupation : Business,

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Page 3 of 7 O.A. No. 1/2025

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A-27/1, MIDC, Amravati – 444607 PAN : AAWPM2353A Also at : Madhogarhia Sadan, Siddhivinayak Colony, Vilas Nagar, Amravati – 444601 Also at : Flat No. 202, Gukuldham Residency, Kharaiya Nagar, Amravati – 444604

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5. Shri Anil Ramchandra Madhogarhia

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Aged about : 55 Years, Occupation : Business, A-27/1, MIDC, Amravati – 444607 PAN : AAWPM2356F Also at : Madhogarhia Sadan, Siddhivinayak Colony, Vilas Nagar, Amravati – 444601 Also at : Flat No. 202, Gukuldham Residency, Kharaiya Nagar, Amravati – 444604

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Learned Counsel for Applicant	Adv. S.N. Kumar
	Adv. P.P. Joshi
Defendants Set Exparte On	17.11.2025

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JUDGMENT

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(Delivered on 18^th Day of June, 2026)

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This is an application filed by the applicant U/s . 19 of RDB Act,

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1993 against defendants for recovery of aggregate amount of Rs.

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Page 4 of 7 O.A. No. 1/2025

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3,87,61,591/- with monthly rests from the date of filing of O.A. till the date of realization as under :

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A. An amount of Rs. 3,00,19,196/- outstanding in Cash Credit Loan Account No. 11092613826 with costs and future interest @17.25% p.a. with monthly rests from the date of filing of O.A. till the date of realization.

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B. An amount of Rs. 43,09,610/- outstanding in SLOC Loan Account No. 38240753061 with costs and future interest @17.25% p.a. with monthly rests from the date of filing of O.A. till the date of realization.

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C. An amount of Rs. 22,33,829/- outstanding in GECL-I Loan Account No. 39365557627 with costs and future interest @9.25% p.a. with monthly rests from the date of filing of O.A. till the date of realization.

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D. An amount of Rs. 21,98,956/- outstanding in GECL-II Loan Account No. 40257373040 with costs and future interest @9.25% p.a. with monthly rests from the date of filing of O.A. till the date of realization.

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Though, defendants were duly served with the suit summons vide Diary No. 5997/2025, they failed to cause appearance before this Tribunal to defend their case despite granting several adjournments. Hence, the proceeding against defendant nos. 1 to 5 was set exparte on 17.11.2025.

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Page 5 of 7 O.A. No. 1/2025

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The applicant has filed its Claim Affidavit (Diary No. 1385/2026) alongwith List of Documents annexing therewith 47 documents. The original documents therein are marked as Exh. AW-1/1 to AW-1/46. It has been stated by the applicant in amended O.A. as well as in Claim Affidavit that penal interest of Rs. 8,166/- and Rs. 49,334/- has been applied in Cash Credit Loan Account 11092613826 and in SLOC Loan Account No. 38240753061 respectively and no penal interest has been applied in GECL loan accounts.

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Heard Learned counsel for the applicant.

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As stated supra, defendants remained exparte. The Evidence Affidavit coupled with the recitals in the documents viz. Exh. AW -1/1 to AW-1/46 marked on behalf of the applicant, clinches the claim of the applicant against defendants. There is no reason to disbelieve the evidence adduced on behalf of applicant. Hence, defendants are liable to pay, jointly and severally, the claim of applicant with costs and future interest. However, I am not inclined to allow penal interest of Rs. 8,166/- and Rs. 49,334/- applied in Cash Credit Loan Account 11092613826 and in SLOC Loan Account No. 38240753061 respectively.

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Hence, it is ordered as under:-

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ORDER

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A] O.A. No. 1/2025 is allowed to the extent as under with costs.

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Page 6 of 7 O.A. No. 1/2025

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B] Defendants to pay jointly and severally to the applicant bank an amount of Rs. 3,00,11,030/- (Rupees Three Crore Eleven Thousand Thirty Only) outstanding in Cash Credit Loan Account No. 11092613826 with simple future interest @9% p.a. from the date of filing of O.A. till its realization.

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C] Defendants to pay jointly and severally to the applicant bank an amount of Rs. 42,60,276/- (Rupees Forty Two Lakh Sixty Thousand Two Hundred Seventy Six Only) outstanding in SLOC Loan Account No. 38240753061 with simple future interest @9% p.a. from the date of filing of O.A. till its realization.

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D] Defendants to pay jointly and severally to the applicant bank an amount of Rs. 22,33,829/- (Rupees Twenty Two Lakh Thirty Three Thousand Eight Hundred Twenty Nine Only) outstanding in GECL -I Loan Account No. 39365557627 with simple future interest @9% p.a. from the date of filing of O.A. till its realization.

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E] Defendants to pay jointly and severally to the applicant bank an amount of Rs. 21,98,956/- (Rupees Twenty One Lakh Ninety Eight Thousand Nine Hundred Fifty Six Only) outstanding in GECL -II Loan Account No. 40257373040 with simple future interest @9% p.a. from the date of filing of O.A. till its realization.

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F] It is declared that outstanding dues are secured by mortgaged immovable property of defendant nos. 2 to 5 being partners of defendant no. 1 as described in Schedule-I & the mortgaged

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Page 7 of 7 O.A. No. 1/2025

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immovable property of defendant no. 2 as described in Schedule-II annexed to O.A. and as referred in Exh. AW-1/29 to AW-1/36.

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G] It is also declared that charge of outstanding dues is kept on hypothecated property of defendant no. 1 as described in ScheduleIII annexed to O.A. and as referred in Exh. AW-1/2, AW-1/5, AW-1/8,

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AW-1/11, AW-1/14, AW-1/17, AW-1/20, AW-1/23 and AW-1/26.

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H] Issue Recovery Certificate accordingly.

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I] The Registrar is directed to send the copy of Judgment and Recovery Certificate to the parties to this O.A at once.

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Nagpur

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Date: 18.06.2026

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(Pankaj Kumar) Presiding Officer Debts Recovery Tribunal Nagpur

State Bank of India v. Ms Haryana Dal Mill

Case brief

What is this about?

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State Bank of India v. Ms Haryana Dal Mill

Case brief

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