Allowed

Punjab Gramin Bank v. Harinder Singh

DRT7 Sept 2026OA/292/2025

Case brief

AI extract

What is this about?

Debts Recovery Tribunal allowed the bank application under Section 19 of RDB Act for recovery of dues of ₹55.20 lakhs with interest against five defendants who mortgaged land as security. The property would be sold to meet the dues.

What did the court decide?

Application allowed with costs. Recovery Certificate issued. Order directed to Recovery Officer for sale of mortgaged land and distribution of proceeds.

Punjab Gramin Bank versus Harinder Singh — Contract and Commercial Disputes | DRT (2026)

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IN THE DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH

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BEFORE: A S NARANG, PRESIDING OFFICER

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OA No: 292/2025 Date of Institution: 16.02.2025 Date of Decision: 07.09.2026

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Punjab Gramin Bank having its branches all over India and a branch at Village Harsha Chhina, Tehsil Ajnala, District Amritsar, Punjab.

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……..Applicant

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Vs.

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Harinder Singh s/o Sh. Kehar Singh, r/o H-No. 147, Village Terra Kalan, Tehsil Ajnala, District Amritsar (Punjab)

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2nd Address: - Village Dhupsari, Tehsil Ajnala, District Amritsar, Punjab.

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3rd Address: - Village Jagdev Kalan, Tehsil Ajnala, District Amritsar, Punjab.

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Satinder Singh @ Satdar Singh s/o Sh. Kehar Singh, r/o Terra Kalan, Tehsil Ajnala, District Amritsar, Punjab.

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Rashpal Singh s/o Sh. Kehar Singh, r/o H.No. 149, Village Terra Kalan, Tehsil Ajnala, District Amritsar, Punjab.

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Dilbag Singh s/o Sh. Kehar Singh, r/o Dilbag Dairy Farm, Terra Kalan, Tehsil Ajnala, District Amritsar, Punjab.

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2nd Address: - H-No. 158/1, Village Terra Kalan, Tehsil Ajnala, District Amritsar, Punjab

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Tajinder Singh s/o Sh. Kehar Singh, r/o H.No. 147, Village Terra Kalan, Tehsil Ajnala, District Amritsar, Punjab.

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2nd Address: - H-No. 149, Village Terra Kalan, Tehsil Ajnala, District Amritsar, Punjab.

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3rd Address: - VPO Jagdev Kalan, Tehsil Ajnala, District Amritsar, Punjab.

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……….Defendants

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Advocates

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Sh. Vikas Sharma proxy counsel for Sh. Varun Mittal, Counsel for the applicant bank.

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Defendants- ex parte vide order dated 29.09.2025 .

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OA for the Recovery of ₹55,20,700.25p with interest @11.50% per annum with half-yearly rests from 16.02.2025.

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ORDER

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Punjab Gramin Bank has filed this application under Section 19 of the Recovery of Debts and Bankruptcy Act, 1993 (RDB Act) for the recovery of ₹55,20,700.25p with interest against Sh. Harinder Singh and others (defendants).

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Bank’s case is that on 06.07.2015, it had granted a loan of ₹25.00 Lacs to defendant Nos.1 to 5 in the form of K.C.C Limit for agricultural purpose. To secure the loan, Defendant Nos.1 to 5 had mortgaged their land (fully detailed in para No.3A of the application). The loan was chargeable to interest @11.50% per annum with half-yearly rests. Defendants had duly acknowledged their liability towards the debt on 29.11.2017, 15.12.2018, 02.03.2021 and 16.06.2022. On 05.02.2025, a sum of ₹55,20,700.25p was due from the defendants. Despite repeated requests, defendants did not make the repayment. Hence, this application.

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On 21.02.2025, summonses were sent to the defendants by registered post, which were duly served. However, defendants did not put in appearance. Vide order dated 29.09.2025, they were proceeded ex parte .

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4.	In order to prove its case, the Bank has placed on record the
affid	avit of Sh. Raj Kumar Bansal, Authorized Officer along with the
loan	and security documents and marked them as Exhibit A-1 to A-11.
5.	I have perused the evidence on the record. I am of the considered
view	that the Bank has proved its case that it had advanced the loan of
₹25.	00 Lacs and on 05.02.2025, a sum of ₹55,20,700.25p was due.
6.	Accordingly, the application of the bank for the recovery of
₹55,	20,700.25p (Rupees Fifty Five Lacs Twenty Thousand Seven
Hun	dred and Paise Twenty Five Only) with interest @11.50% per

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annum with half-yearly rests from 16.02.2025, till the date of payment is hereby allowed with costs. The liability of all the defendants would be joint and several. Bank can recover its dues by the sale of mortgaged land fully detailed in para No.3A of the application as well as from the personal movable and immovable property(ies) of the defendants. 7. Pending IAs, if any, stand disposed of. 8. Recovery Certificate be issued accordingly. 9. Parties are directed to appear before Recovery Officer on 07.10.2026, who is directed to distribute the sale proceeds of the mortgaged land and standing crops as per the provisions of Section 19(20-AB) of the Act . 10. A Copy of this order along with Recovery Certificate be sent to the Recovery Officer as well as the parties. Pronounced in the open Court. (A S Narang) Dated: 07.09.2026 Presiding Officer DRT-1, Chandigarh MANOJ KALRA

Punjab Gramin Bank v. Harinder Singh

Case brief

What is this about?

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Punjab Gramin Bank v. Harinder Singh

Case brief

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