Allowed

Bank of Baroda v. M/s Anugya Enterprises

DRT29 Jun 2026OA/422/2025

Case brief

AI extract

What is this about?

The Debts Recovery Tribunal allowed an application by Bank of Baroda to recover dues of Rs.20.05 lakh from defaulting borrowers. The Tribunal found the defendants liable based on documentary evidence and unpaid loan statements, allowing the recovery with interest.

What did the court decide?

Ordered defendants to jointly and severally pay Rs.20,05,198.51 with interest at 11.45% p.a. and issued a Recovery Certificate to enforce realization through sale of assets.

Bank of Baroda versus M/s Anugya Enterprises — Banking and Recovery | DRT (2026)

OA 422 of2025jJl

DRT, PATN A

Debts Recovery Tribunal, Patna Karpuri Thakur Sadan, Aashiana Digha Road Patna-800025

¶5

Presiding Officer : Shri Kaushalendra Yadav

¶6

OA Case No. 422 of 2025

¶7

Bank of Baroda, B.O.- Boring Road, Patna, District- Patna, Bihar

¶8

. . . . . . .Applicant

¶9

¶10

M/s Anugya Enterprises (Prop. Mr. Mukesh Kumar), At House No. 121, Urmila Niwas, Near Drishti Punj Eye Hospital, Bailey Road, Danapur, Danapur Cantt. S.O., Patna- 801503 (Bihar)

¶11

Mr. Mukesh Kumar, Proprietor of M/s Anugya Enterprises, S/o Late Ashwini Kumar, At- Flat No. 102, Baidhyanath Palace, Jagdeo Path, Rukanpura, Patna 800014, Bihar

¶12

. . . . . . . Defendants

¶13

Present:

¶14

For the Applicant Shri Jyoti Prakash, Advocate For the Defendants None

¶15

Dated :29.06.2026

¶16

JUDGMENT

¶17

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 05.06.2025 against the defendants to recover its debts from defendants of Rs.20,05,198.51 as on 07.05.2025 along with pendente-lite and future interest at the contractual rate from 08.05.2025 with costs till realization.

¶18

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.

¶19

Defendant no.1 is a proprietorship firm of which defendant no.2 is the proprietor. Defendants approached the applicant bank for sanction of Term Loan of Rs.9 Lakh and Cash Credit facility of Rs.11 Lakh, vide loan application dated 12.12.2022, which were sanctioned by the applicant bank on 14.12.2022 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 in favour of the applicant bank, details of which are given in OA. /7

OA 422 of 2025jJ1

DRT, PATN A

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 08.04.2024.

¶24

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.

¶25

The total liability in the loan account is Rs.20,05,198.51 as on 07.05.2025 with pendente-lite and future interest contractual rate from 08.05.2024 till the realization.

¶26

This Tribunal issued summons/notices copies of application & paper book to the defendants by registered/speed post on 03.07.2025, 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, hence, 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 06.11.2025 in “Dainik Bhaskar” and “The Times of India” newspapers.

¶27

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 case, but they failed to appear and to file WS, hence, the Tribunal has passed an order to proceed ex-parte against the defendants on 22.01.2026.

¶28

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 Ms. Riddhi Mishra, Senior Branch Manager of the applicant bank. The details of documents are as follows:

¶29

hE V]}iccr Pqbt& Recovery Tribunal PATNA

OA 422 of 20251 Jl

DRT, PATNA

	PhotocoDies			Lakh'
	Loanapplicatio	n	12.12.2022		Defendant
	monletter		14.12.2022	11 .00 CC 9.00 TL	Bank accepted defendants	and by
	DPNote		15.12.2022	11.00	Defendants
	Letter of lroDrietorshi	sole	15.12.2022		Defendants
	Letterofinstall	ment	15.12.2022	9.00	Defendants
	Letter ofcontinu	inJ	15.12.2022	11.00	Defendants
	Letterofauthor	it'	15.12.2022	9.00
	Power ofAttorn	e'	15.12.2022		Defendants
	Generalundert	akii	15.12.2022	ml	Defendants
	Draftundertakin	J	15.12.2022		Defendants
	Declaration undertaking authorit'	cum cum	15.12.2022	9.00	Defendants
12	Declaratno undertaking authorit	cum cum	15.12.2022	e	II
13	Composite hypothecation agreement		15.12.2022	e	I
	Legalnotice		01.01.2025		Bankadv.
	Staten accounts	of			Bank

¶34

Heard arguments and perused the case record.

¶35

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.

¶36

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.

¶37

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,

t/A&

DRT, PATNA

OA 422 of 20251 Jl

this Tribunal has territorial as well as pecuniary jurisdiction to adjudicate upon the present application.

¶43

On the issue of Limitation, to prove it, the applicant bank has submitted that the applicant bank has declared the account as NPA on 08.04.2024, whereas the present application has been filed on 05.06.2025. 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.

¶44

Ms. Riddhi Mishra, Senior Branch 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.

¶45

Section 19(3) of the Recovery of Debts and Bankruptcy Act, 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.

¶46

The nIle 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.

¶47

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.

¶48

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 certiDed copy of any entry in a banker’s book shaH in all legal proceedings be received as prima facie evidence of the existence of such entry, and shall be admitted 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 law admissible, but not further or otherwise.

¶49

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

OA 422 of 20251JI

DRT, PATN A

account, more so since the entries in the statement of account have not been challenged.

¶54

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.

¶55

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 07.05.2025 has been proved to be Rs.20,05,198.51 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.

¶56

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 jointly and severally of Rs.20,05,198.51 along with pendente-lite and future interest @ 11.45% p.a. with compounded monthly rests from 05.06.2025 (The date of filing of this OA) till realization. So the final order may be passed accordingly, to meet the ends of justice.

¶57

ORDER

¶58

In the result, the application of the applicant bank 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.20,05,198.51 along with pendente-lite and future interest @ 11.45% p.a. with compounded monthly rests from 05.06.2025 (The date of filing of this OA) till realization of the entire sum due and recoverable with costs.

¶59

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

¶60

rr d3juII'b k ' _ DUB BecK;A TI'ub'nw'

DRT. PATN A

OA 422 of2025jJl

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.

¶65

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 CertifIcate debtors only after the proof of compliance under rule 16 of DRT (Procedure) Rules 1993, is submitted by the applicant. If The Applicant /Certipcate holder fans to comply with directions of the Recovery Of$cer, the execution may be dismissed for non-prosecution. The copy of this judgment be uploaded in the website of the Tribunal.

¶66

Parties are directed to appear before the Recovery Officer, DRT, Patna on 10.08.2026. The order be communicated accordingly.

¶67

Judgment signed, sealed, dated and pronounced in the open court on 29th day of June, 2026.

¶68

Dictated &corrected by me.

¶69

[Kaushalendra Yadav] Presiding Officer Debts Recovery Tribunal, Patna Presidin8 OBice' Debb Recovery Tnl>bn PATHA

¶70

FORM NOt 9 [See Regulation 24( 1)]

¶71

DEBTS RECOVERY TRIBUNAL PATNA

¶72

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

¶73

RECOVERY CERTIFICATE UNDER SECTION 19(2) READ WITH SECTION 19 m) OF THE RECOVERY OF DEBTS & BANKRUPTCY ACT, 1993, AS AMENDED FROM TIME TQ TIME.

¶74

RC No, 205/2026 IN

¶75

Case No: OA/422/2025

¶76

In the Matter of: (CH- 1) BANK OF BARODA BO- BORING ROAD. PATNA ,BIHAR -800001

¶77

Applicant(s)

¶78

¶79

(CD- 1) M/S ANUGYA ENTERPRISES Prop. Mr. Mukesh Kumar, At- House No. 121, Urmila Niwas, Near Ddshti Punj Eye Hospital, Bailey Road, Danapur, Danapur Cantt. S.O. Patna ,BIHAR -801503

¶80

Defendant(s)

¶81

(CD- 2) MR. MUKESH KUMAR PROPRIETOR OF M/S ANUGYA ENTERPRISES, S/0- LATE ASHWINI KUMAR. AT- FLAT NO- 102, BAIDHYNATH PALACE JAGDEO PATH. RUKANPURA. PATNA PIN 800014(BIHAR)

¶82

RQgQvery C€!tjfigate fQr R$ 20051%IS 1 1 RHPQeS Twenty Lakh; Five Thousand One !!undred NinetyJjght And Pai$$ Fifty OnQ Only_I

¶83

In terms of final order dated 29/06/2026 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. 2005198.51 along with cost9 expenses and interest from the 05/06/2025 i.e. date of filing / with effective date of the OA/422/2025 and future interest from order date till the date of realisation in full, jointly or severally from the Certificate Debtors, hereinafter referred to as:-

¶84

Sr.n	o CDName	Loan Type	, Int. tType/Mode	: Int. iRate	Effective Date	Order Date	Duntak	-) I;yjP	Interest Edoe: Date)	RC lount(Rs.)	Remark
	M/S ANUGYA :ENTERPRISES		,Compound ilnterest ;(Monthly)	111.45	05/06/2025	)/06/2026	2005198.51	lintly ,nd Ely	:Interest Date	}5198.51
a '	.MR. MUKESH 'KUMAR		:ompound ;Interest ;(Monthly)	1 11.45	05/06/2025	29/06/2026	2005198.51	lointly rerally		198.51

¶85

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

¶86

The mortgage(i 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 Banhuptcy Act 1993.

¶87

TH86dlrected to appear before MANC)J KUMAR ' Recovery Omcer, DEBTS RECOVERY TRIBUNAL PATNA on

¶88

The REcovery Officer shall realize the amount as per this Certificate in the manner and mode prescribed under Sections .25 to q8 of the Recovery of Debts Due to Banks and Financial Institutions ict:-1993-jas amended Rom time to time) from the above named Certificate Debtors. ’ ~

¶89

Thls Certificate has been issued under my signature and seal of the Tribunal on this 03/07/2026

¶90

( t,

¶91

PRESIDING OFFICER DEBTS RECOVERY TRIBUNAL PATNA

¶92

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

¶93

DEBTS RECOVERY TRIBUNAL PATNA

¶94

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