Allowed

Punjab National Bank v. Anil Kumar Singh

DRT5 Sept 2026OA/210/2024

Case brief

AI extract

What is this about?

Debts Recovery Tribunal, Patna decided an application under Section 19 of the RDB Act, 1993 filed by Punjab National Bank against three borrowers and a guarantor for a housing loan of Rs 20 lakh. Following substituted service by publication, the defendants did not appear. Relying on banker's book evidence and documents proving availing of funds and non-repayment, the Tribunal allowed the application, quantified the debt at Rs 20.08 lakh with interest, issued an ex-parte order, and directed the issuance of a Recovery Certificate to attach and sell assets.

What did the court decide?

Application allowed. Defendants jointly and severally ordered to pay Rs. 20,08,162/- with pendente-lite and future interest @ 10.10% p.a. with costs. Recovery Certificate issued to Recovery Officer. Assets attached.

Punjab National Bank versus Anil Kumar Singh — Contract and Commercial Disputes | DRT (2026)

OA 210 of 20241JI

DRT, PATNA

Debts Recovery Tribunal, Patna

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Karpuri Thakur Sadan, Aashiana Digha Road Patna-800025

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Presiding Officer : Shri Kaushalendra Yadav

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OA Case No. 210 of 2024

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Punjab National Bank, Bidupur Branch, Vaishali844503 .

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. . . . . . .Applicant

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1 Ann Kumar Singh, (Borrower) S/o Late Surendra Singh, Resident of Village-Mohanpur, P.O.- Mohanpur, Circle- Bidupur, District-Vaishali, PIN Code-844115. (PAN No.- COJPS6415N)

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Sunil Kumar Singh, (Borrower) S/o Late Surendra Singh, Resident of Village-Mohanpur, P.O.- Mohanpur, District-Vaishali, PIN Code- 844115. (PAN No.-BCZPS844 IM)

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Jaymala Devi, (Borrower) W/o Anil Kumar Singh, Resident of VillageMohanpur, P.O.- Mohanpur, District-Vaishali, PIN Code-844115. (PAN No.BIDPD736 IP)

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Sita Devi @ Ram Snehi Devi, (Guarantor) W/o Late Surendra Singh, Resident of Village-Mohanpur, P.O.- Mohanpur, District-Vaishali, PIN Code844115.

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. . . . . . . Defendants

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Present:

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For the Applicant Shri Anuj Kumar, Advocate For the Defendants None

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Dated :05.09.2026

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JUDGMENT

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The Applicant bank has made this application u/s 19 of the Recovery of Debts and Bankruptcy Act, 1993 (here-in-after referred to as Act) on 10.04.2024 against the defendants to recover its debts from defendants of Rs.20,08,162/- as on 31.03.2024 along with pendente-lite and future interest at the contractual rate from 01.04.2024 with costs till realization.

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The application has been filed with the contention that the applicant bank, is a body corporate, carries on the business and is competent to file the suit through various branches including the applicant.

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Defendant no.1 to 3 are the borrowers and the Defendant no. 4 is the guarantor. Defendants approached the applicant bank for sanction of Housing Loan of Rs.20 Lakh, vide loan application dated 02.05.2016 for construction of

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r„,iain: OPen OK,bb &ecoveTY TllhunB1 PATH A

OA 210 of 2024jJ]

DRT, PATNA

house on purchased land, which was sanctioned by the applicant bank on 17.05.2016 on various terms and conditions, as stipulated in the sanction letter, which were duly accepted by the defendants. To secure the loan facilities defendants have executed various loan and security documents and also created mortgage in favour of the applicant bank, details of which are given in OA

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After availing the sanctioned credit facilities, the defendants became irregular in repayment of their dues as per agreed terms and failed to adhere to the financial norms of the bank and avoiding the repayment of its dues to the bank, in spite of several assurances given by it to the applicant bank resulting in the account turning as NPA on 30.05.2022.

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Since, the defendants failed and neglected in spite of several reminders to make payment of the dues recoverable to the bank, hence this application has been filed by the bank.

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The total liability in the loan account is Rs.20,08,162/- as on 31.03.2024 with pendente-lite and future interest contractual rate from 01.04.2024 till the realization.

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This Tribunal issued summons/notices copies of application & paper book to the defendants by registered/speed post on 14.05.2024, requiring them to show-cause within 30 days of the service U/s 19 (4) of the Act & Rule of the DRT [Procedure] Rules, 1993. But the defendants have not appeared) hence9 the Registry of this Tribunal has ordered to publish the notice in newspaper and subsequently, substituted service by publication of notice by way of advertisement in newspaper was also made against the defendants on 31.05.2025 in “Dainik Jagran” and “The Times of India” newspapers.

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Despite the registered summons/notices and publication of notice in newspaper, the defendants have not appeared before this Tribunal to contest the case. The sufficient time has been given to the defendants to defend their case9 but they failed to appear and to file WS, hence, the Tribunal has passed an order to proceed ex-parte against the defendants on 12.08.2025 .

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Prcsidii:g V!}ic€1 Debts RecovcIIV Tribute PATNA

OA 210 of2024jJ]

DRT, PATNA

To prove its case, the applicant Bank has referred various certified photocopies of documents before this Tribunal. The applicant bank has also given evidence on affidavit by way of affidavit by Shri Ajeet Kumar, Dy. Manager of the applicant bank. The details of documents are as follows:

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Sl.N')	I Description of Documents Photocopies	1 Date of IExecution 1	1Amount 1(in 1Lakh)	I Signature of 1Executants I	1Ex./ IAnn. INo.
	t	f	–	Bank
	o			Defendants
	Sancti01			Bank and accepted by def.no.Ito3
4	Agreement housing loan o		20.00	Def.no.1to3	4
5	Agreemm ,uarantee o		20.00	Def.no.4	5
6	c regardstomortgage and Balanceand security confirmation letter	119.04.2022		Def.no.1,2&4 Def.no.1to3	6
7	Photocopies ofsale deeds				7
8	Notices	15.07.2022 15.09.2022 24.11.2017 08.07.2021 01.06.2022			8
a	o withcertificate			Bank	9&10
8.	Heard argumentsand	perused theca	serecord.

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Ld. Counsel of applicant bank submitted that the defendants have taken the loan and utilized the same and also executed the various loan documents to secure the loan. Further, submitted that the claim of the bank has been proved by documentary evidence. All the transactions were entered in the ledger of the loan accounts in the name of the defendant duly maintained by the applicant bank in its usual course of business. The interest /compound interest has been charged at such rates, and capitalized at such periodical rests as are permitted by and do not run counter to the directives of Reserve Bank of India.

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It is further submitted by Id. Counsel of applicant bank that there is no stay granted by any Higher Court, in respect of the proceedings of the present OA and requested to issue recovery certificate, as claimed for, in OA.

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Pr :${ rEST OfFicer r C.'q debug;r/ Tribune PATNA

OA 210 of20241JI

DRT, PATNA

It has been established that defendants are living and carrying on their business in the state of Bihar. Cause of action also arose in the State of Bihar. The said claim on the date of filing of application exceeded Rs.20 lacs. The applicant bank is functioning within the jurisdiction of this Tribunal. Therefore, this Tribunal has territorial as well as pecuniary jurisdiction to adjudicate upon the present application.

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On the issue of Limitation, to prove it, the applicant bank has submitted that the applicant bank has declared the account as NPA on 30.05.2022, whereas the present application has been filed on 10.04.2024. Even, it is counted for the purpose of Limitation, then it is established that the applicant bank has filed the case within the limitation period. As such, it is established that the present application has been filed well within the period of limitation.

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Shri Ajeet Kumar, Dy. Manager of the applicant bank has filed the affidavit in support of contents of application and the documents as evidence and proved on oath the pleadings and documents of the applicant bank as stated above.

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Section 19(3) of the Recovery of Debts and Barkruptcy Act9 1993 provides that the application u/s S.19 (1) shall be accompanied with true copies of all the documents relied on in support of the claim.

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The rule 12 (10) of the Debt Recovery Tribunal (Procedure) Rules, 1993, provides that if the defendant denies his liability to pay the claim made by the applicant, the tribunal may act upon the affidavit of the applicant who is acquainted with the facts of the case or who has on verification of the record sworn the affidavit in respect of the contents of the application and the documents as evidence.

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The rule 12 (11) of the aforesaid Rules, provides that the provisions contained in section 4 of the Banker’s Books evidence that Act, 1891 (18 of 1891) shall apply to a certified copy of an entry in a Banker’s Books furnished along with application filed under sub section 1 of section 19 by the applicant.

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Section 4 of Banker’s Books evidence Act, 1891 runs as underS.4. Mode of proof of entries in bankers’ books.–Subject to the provisions of this Act, a certijed copy of any entry in a banker’s book shall in all legal proceedings be received as prima facie evidence of the existence of such entry, and shall be admiRed as evidence of the matters, transactions and accounts therein recorded in every case where, and to the same extent as, the original entry itself is now by la\v admissible, but not further or otherwise.

r ribIHtB I

PASHA

OA 210 of20241JI

DRT, PATNA

As such the certified true copies of the documents are admissible in evidence. The statement of account maintained in the ordinary course of business is not only admissible but shall be taken as the correct statement of account, more so since the entries in the statement of account have not been challenged.

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On perusal of the application, documents, affidavit and on consideration of the arguments, it is proved that the defendants have applied for loan and the bank had sanctioned the loan and to secure the loan and for repayment of loan amount with interests etc., the defendants have executed various loan documents, as stated in the application and proved by aforesaid evidence. Defendants have neither denied the utilization of funds advanced by applicant bank nor have pointed out any specific error and discrepancy in the Statement of Account.

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The evidence discussed above goes to establish that the amount of loan as mentioned in the O. A., was availed by the borrower under the agreed terms and conditions for repayment with interest. The balance amount till 31.03.2024 has been proved to be Rs.20,08,162/- only by way of statement of accounts. There is nothing to prove the amount more than that disclosed in the aforementioned statement. As such this amount is recoverable till full and final realization of the claim.

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In my view, facts of the case stand proved by evidence of the applicant bank. Accordingly, the applicant bank is entitled to recover from defendants jointIY and severally of Rs.20,08,162/- along with pendente-lite and future interest @ 10.10% p.a. with compounded monthly rests from 10.04.2024 (The date of filing of this OA) till realization. So the final order may be passed accordingly, to meet the ends of justIce.

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OFkIER

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In the result, the application of the applicant bark is allowed and debt is determined with costs against the defendants. The defendants are hereby jointly and severally, ordered to pay the applicant bank its debt amounting to Rs.20,08,162/- along with pendente-lite and future interest @ 10.10% p.a. with compounded monthly rests from 10.04.2024 (The date of filing of this OA) till realization of the entire sum due and recoverable with costs

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Debt$ i£3'p:TBA

OA 210 of20241JI

DRTq PATNA

It is made clear that any amount deposited by the defendants, be deducted in the claim amount, if not deducted.

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Defendants are debarred from transferring, alienating encumbering or otherwise dealing with or disposing of the mortgaged or hypothecated or any other properties and assets without paying the aforesaid adjudicated dues to the applicant bank to secure the ends of justice. The mortgaged or hypothecated assets to secure the loan in question are hereby attached and shall be subject to the final order under the recovery proceedings in pursuance of the Recovery certificate issued under Section 19(22) of Recovery of Debts and Bankruptcy Act 1993. The applicant may submit the certified copy of this Judgment and the Recovery Certificate before the Registrar/Sub- Registrar to endorse the charge over the secured assets.

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Let a certificate of recovery be drawn up forthwith and put up for signatures in terms of provisions contained in Section 19(22) of the Act to be issued, on the basis of the order of the Tribunal to the Recovery Officer. The Recovery Officer shall realize the amount as per the certificate in the manner and mode prescribed under the Act from the defendants, by sale of mortgaged/ hypothecated assets as well as other personal movable/immovable assets of the defendants. The Recovery OffIcer will issue demand notice to the Certi$cate debtors only after the proof of compliance under rule 16 of DRT (Procedure) Rules 1993, is submitted by the applicant. If The Applicant /CertifIcate holder fails to comply with directions of the Recovery Oficer, the execution may be dismissed for non-prosecution. The copy of this judgment be uploaded in the website of the Tribunal.

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Parties are directed to appear before the Recovery Officer, DRT, Patna on 22.10.2026. The order be communicated accordingly.

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Judgment signed, sealed, dated and pronounced in the open court on 05th day of September, 2026. (h / /

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Dictated & corrected by me.

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a<br>a-

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[Kaushalendra Yadav] Presiding Officer Debts Recovery Tribunal, Patna

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' ---.A npReef

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6 ,IBn Tri1..1,a PAT RIb

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FORM NO. 9 [See Regulation 24( 1 )]

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DEBTS RECOVERY TRIBUNAL PATNA

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2nd Floor1 (A. B & F Wing) Karpuri Thakur Sadan1 Kendriya Karamchari Parisar (GPOA), Ashiana Digha Road, Patna-800025.

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EADWITH

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#1993, AS .}IEXDED FRO

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RC NQ. 267/2026 IN

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Case No: OA/210/2024

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In the Matter of: (CH- 1) PUNJAB NATIONAL BANK BIDUPUR BRANCH.

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Applicant(s)

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VAISHALI ,BIHAR -844503

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–--- Versus

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(CD- 1) ANIL KUMAR srNCH . S/o- Late Surendra Singh Resident of Village- Mohanpur P.O.- Mohanpur, CircleBidupw, Vaishali ,BIHAR -8'H 115

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(CD_ 2) SUNIL KUMAR SINGH (BORROWER) S/0- LATE SURENDRA SINGH, RESIDENT OF VILLAGE- MOHANPUR, P.0.- MOHANPUR,

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DISTRICT- VAISHALI, PIN CODE- 844115

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Defendant(s)

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(CD- 3) JAYMALA DEVI (BORROWER) W/0- ANIL KUMAR SINGH, RESIDENT OF VILLAGE- MOHANPUR, P.O.- MOHANPUR,

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DISTRICT- VAISHALI, PIN CODE- 844115.

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(CD_ 4) SITA DEVI @ RAM SNEHI DEVI

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(GUARANATOR) \V/0- LATE SURENDRA srNGH, RESIDENT OF VILLAGE- MOHANPUR, P.0- MOHANPUR

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DISTRICT- VAISHALI, PIN CODE- 844115

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Recovery CertiQcate rgr Rg 2008162.OO 1 Rupees Tw€rlty Lakh i Eight ThQusn11d One Hundred Sixty Two C>rlly_I

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In terms of final order dated 05/09/2026 passed by this Tribunal in the above mentioned case, it is ordered that the Applicant Certificate Holder Bank is entitled to recover a sum of Rs. 2008162.00 along with cost, expenses and interest from the 10/04/2024 i.e. date of filing / with effective date of the OA/210/2024 and future interest from order date till the date of realisation in full, jointly or severally from the Certificate Debtors, hereinafter referred to as:-

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CD Name Lno	Int. Type/Mode	Int. ]Rate	Effective Date	Order Date	”„-„„q	,T:~	iLl&rei (as0 Order Date)	RC It(Rs.) Am
KUMAR SINGH	nterest	10.10	1 10/04/2024	105/09/2026	162.00		ntcrcst As Order	162.00
	Fonthly)	10.1o 4	10/04/2024		:008162.00	'ointly ly	InterestAs Order	1008162.00
'AYMALA DEVI BORROWER)		10.1ol	lo/04/2024		162.00	ly ly	'ntcrcst As jDate	162.00
HsTA-dEVIFm DEVI GU	lonthly )	10.10]	10/04/2024	i/09/2026	162.00	Ly	!RMrtIES Order	1008162.00

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In case of failure to pay the aforementioned adjudicated amount within 30 days, same shall be recovered from the sale of the mongaged/hypothecated assets as well as other personal movable/ Immovable assets of the certificate debtors.

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The mortgaged or hypothecated assets to secure the loan in question are hereby attached and shall be subject to the fInal order under the recovery proceeding in pursuance of the Recovery certificate issued under Section 19(22) of Recovery of Debts and Bankruptcy Act 1993.

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Parties are directed to appear before ASHISH KUMAR , Recovery Officer, DEBTS RECOVERY TRIBUNAL PATN A on 22/10/2026.

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The Recovery Officer shall realize the amount as per this Certificate in the manner and mode prescribed under Sections 25 to 28 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (as amended from time to time) from the above named Certificate Debtors.

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This Certificate has been issued under my signature and seal of the Tribunal on this 09/09/2026

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I)h RegIstrar RRaln Debts Recovery Tribunal, Patna W13qat3fbnm,qzn

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PRESIDIN–G OFFICER DEBTS RECOVERY TRIBUNAL PATNA

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'c4r IT .-n n+

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FORM NO. 10 [See Regulation 24(2)]

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DEBTS RECOVERY TRIBUNAL PATNA

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2nd Floor, (A. B & F Wing) Karpuri Thakur Sadan, Kendriya Karamchari Parisar (GPOA), Ashiana Digha Road, Patna-800025 .

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SCHEDULE TO RECOVERY CERTIFICATE MEMO OF COSTS

RC No. 267/2026

Case No: OA/210/2024

Applicant(s): PUNJAB NATIONAL BANK Versus

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Defendant(s): ANIL KUMAR SINGH

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temofCosts	!Amount inRs
'eeontheapplication	[23000
'rocessFees(Inc. Publication)	[0
AdvocateFees	[0
o her/Valuation/SecurityFee	ro
s	ro
TotalCosts: Rs	m2

Place: PATNA

PRESIDrNdoFFICER

Date: 09/09/2026

DEBTS RECOVERY TRIBUNAL PATNA

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Dr.SCi Jin'J O ttiC€1

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Note: Strike out whichever is not applicable ' '

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Q:_ _- ' - U’b'" PATIqA

Punjab National Bank v. Anil Kumar Singh

Case brief

What is this about?

What did the court decide?

Punjab National Bank v. Anil Kumar Singh

Case brief

What is this about?

What did the court decide?

What the court decided

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