The DRT allowed the SBI's application for recovery of ₹27,11,300/- with interest under Section 19 of the RDB Act following ex parte proceedings, directing sale of mortgaged land.
Recovery of ₹27,11,300/- with interest allowed; Recovery Certificate issued; Direction to appear before Recovery Officer on 24.06.2026.
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: 410/2023 Date of Institution: 11.01.2023 Date of Decision: 20.05.2026
SBI having its branches all over India and a branch at Sadiq, Tehsil Sadiq, District Faridkot, Punjab.
……..Applicant Vs.
Sh. Jagjit Singh s/o Sh. Amarjit Singh, r/o Village Mumara, Tehsil and District Faridkot, Punjab. ……….Defendant
Advocates
Sh. Aseem Kataria, Counsel for the applicant bank. Defendant- ex parte vide order dated 13.03.2024 .
OA for the Recovery of ₹27,11,300/- with interest @12.05% per annum with half-yearly rests from 11.01.2023.
ORDER
2
due from the defendant. Despite repeated requests, defendant did not make the repayment. Hence, this application.
| 3. On 24.03.2023, summons was sent to |
the defendant by registered |
|---|---|
| post, which was duly served. However, | defendant did not put in |
| appearance. Vide order dated 13.03.2024, he | was proceeded_ex parte_. |
| 4. In order to prove its case, the Bank |
has placed on record the |
| affidavit of Sh. Jitandra Pal Singh, Branch M and security documents and marked them as E |
anager along with the loan xhibit A-1 to A-30. |
| 5. I have perused the evidence on the rec view that the Bank has proved its case that i various schemes and on 30.11.2022, a sum of |
ord. I am of the considered t had advanced loans under ₹27,11,300/- was due. |
| 6. Accordingly, the application of the |
bank for the recovery of |
| ₹27,11,300/- (Rupees Twenty Seven Lacs | Eleven Thousand Three |
| Hundred Only) with interest @12.05% per a | nnum with half-yearly rests |
| from 11.01.2023, till the date of payment is | hereby allowed with costs. |
| Bank can recover its dues by the sale of mort | gaged land fully detailed in |
| para No.3A of the application as well as fro | m the personal movable and |
| immovable property(ies) of the defendant. | |
| 7. Pending IAs, if any, stand disposed of. |
|
| 8. Recovery Certificate be issued accordi |
ngly. |
| 9. Party is directed to appear befo |
re Recovery Officer on |
| **24.06.2026,**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 Rec |
overy Certificate be sent to |
| the Recovery Officer as well as the party. | |
| Pronounced in the open Court. Dated: 20.05.2026 MANOJ KALRA |
(A S Narang) Presiding Officer DRT-1, Chandigarh |
1 issue framed by the court
Whether the bank was entitled to recover the outstanding dues of ₹27,11,300/- with interest.
2 provisions across 1 enactments
SBI
Sh. Jagjit Singh
A S Narang
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
