Allowed

Bank of Baroda v. M/s Anuj Jee Sari and Cloth Store

DRT7 Sept 2026OA/518/2025

Case brief

AI extract

What is this about?

The Debts Recovery Tribunal Patna adjudicated an application filed by Bank of Baroda to recover dues from borrowers who failed to repay a sanctioned loan. The defendants did not appear. The Tribunal accepted the bank's documentary evidence and affirmed the debt amount of Rs. 53 lakh along with interest. The application was allowed, a recovery certificate was issued, and proceedings were remanded to the Recovery Officer.

What did the court decide?

The application is allowed. The defendants are ordered to jointly and severally pay Rs. 53,21,254.45 with pendente-lite and future interest at 11.75% per annum. A Recovery Certificate is issued, and assets are attached for realization.

Bank of Baroda versus M/s Anuj Jee Sari and Cloth Store — Banking and Recovery | DRT (2026)

OA 518 of2025jJI

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. 518 of 2025

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Bank of Baroda, Branch Office at Patna City Branch, Prakash Market, 1 st floor, Chowk, Patna City, P.S. – Chowk, District – Patna, Pin code -800008

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Vs.

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1 M/s Anuj Jee Sari and Cloth Store and its Proprietor Sri Anuj Kumar, situated at Mohalla– Keshav Market, Gauri Das Mandi, Bathi Per, Patna City, P.S. – Malsalami, District -Patna. Pin code 800008

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2 Sri Anuj Kumar, son of Sri Satyendra Prasad Singh, Residing at Simli Pandariwa, PS. – Malsalami, Patna City, District Patna, Pin code – 800008, PAN No. – DZGPK2344B

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3 Smt. Lalita Devi, W/o Sri Satyendra Prasad Singh, Residing at Simli Pandariwa, PS. – Malsalami, Patna City, District Patna, Pin code – 800008

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Present:

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For the Applicant Shri Shatrughan Prasad, Advocate For the Defendants None

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Dated :07.09.2026

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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 26.06.2025 against the defendants to recover its debts from defendants of Rs.53,21,254.45 as on 14.05.2025 along with pendente-lite and future interest at the contractual rate from 15.05.2025 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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PratrBa8 o lice 8 ebu Rec• very Tnbnaql PATN4

OA 518 of2025jJI

DRT, PATNA

Defendant no.1 is a proprietorship firm of which defendant no.2 is the proprietor. Defendant no. 3 is the guarantor. Defendants approached the applicant bank for sanction of cash credit limit of Rs.30 Lakh, vide loan application, which was sanctioned by the applicant bank on 30.05.2016 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 equitable mortgage in favour of the applicant bank, details of which are given in OA. At the request of the defendants, the applicant bank has also sanctioned another loan of Rs.2.20 Lakh. The defendants have executed letters of acknowledgement of debt on 02.05.2019, 05.03.2022 and 01.03.2025.

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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 14.03.2022.

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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.53,21,254.45 as on 14.05.2025 with pendente-lite and future interest contractual rate from 15.05.2025 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 17.09.2025, 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 23.11.2025 in “Prabhat Khabar” and “Times of India” newspapers.

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AT}\h Nolat, R o StU Debt& Rec’d''“ ' v TribMI IA 'I lu A

OA 518 of20251JI

DRT, PATNA

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 24.03.2026.

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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 Sanjay Kumar Thakur, Chief Manager of the applicant bank. The details of documents are as follows:

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Sl.No	Description Documents PhotocoDies	of	1 Date of IExecution	Amount (in Lakh'	Signatur Executants	eof	Ex./ Ann. No.
	Loan applicatio	n		noT	Def.no.I&2
	Sanction letter		30.05.2016	30.00	Bank accepted defendants	and by
3	Letter of >roDrietorshi	sole	31.05.2016	30.00	Def.no.1&2		3
4	Letter ofcontin securl	uing	31.05.2016	e			4
5	Composite hypothecation agreement		31.05.2016	e			5
6	General form :uarantee	of	31.05.2016	e			6
	Undertakinf		31.05.2016	m
	Declarations Undertakings Authori	cum cum	31.05.2016	e
9	PDR-borrower =uarantors	&	31.05.2016	e			9
	AnnextIre-A		31.05.2016	e
	Letter confirmation mortgage	of of	31.05.2016	0
12	Decla;ation		31.05.2016	e			12
	Annexure-B			0
	DP Note		09.03.2021	e
	Letter ofapprais	al			Bank
	Photocopy of deed with related documen	title other ts
	Demand notice		21.07.2022		Bank
	Letter acknowledgmen debt	t	02.05.2019 05.03.2022 01.03.2025		Defendants
19&20	Statement accounts				Bank		19&20

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Odi PrerldiaB RareTea Delys • AIN A

OA 518 of20251JI

DRT, PATNA

Heard arguments and perused the case record.

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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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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 laos. 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 14.03.2022, whereas the present application has been filed on 26.06.2025. 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.

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Shri Sanjay Kumar Thakur, Chief 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. A / %\a Pr tsI di ng^UV kecovetY T,ibund )Bbt8 PA'l'rqA

OA 518 of2025jJ1

DRT, PATNA

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.

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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 centDed 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 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.

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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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15 . 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 14.05.2025 has been proved to be Rs.53,21,254.45 org y by way of statement of accounts.

P bund

OA 518 of 20251Jl

DRT, PATNA

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 jointly and severally of Rs.53,21,254.45 along with pendente-lite and future interest @ 11.75% p.a. with compounded monthly rests from 26.06.2025 (The date of filing of this OA) till realization. So the final order may be passed accordingly, to meet the ends of justice.

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ORDER

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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.53,21,254.45 along with pendente-lite and future interest @ 11.75% p.a. with compounded monthly rests Brom 26.06.2025 (The date of filing of this OA) till realization of the entire sum due and recoverable with costs.

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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 caa ' 1- &ocov3r, :Frtbtuv0

OA 518 of2025jJl

DRT, PATNA

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$cate debtors only after the proof of compliance under rule 16 of DRT (Procedure) Rules 1993, is submitted by the applicant. If The Applicant /CertifIcate holder fails to comply with directions of the Recovery Of$cer, 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 23.10.2026. The order be communicated accordingly.

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Judgment signed, sealed, dated and pronounced in the open court on 07th day of September, 2026.

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xp//-Kw

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r f/d\ [Kaushalendra Yadav] Presiding Officer Debts Recovery Tribunal, Patna

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Di,t,t,d & „„„t,d by m,.

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Prfglda8 Ojicer OeOU R•c4very THbunai ?XTRA

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FORM NO. 9

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DEBTS RECOVERY TRIBUNAL PATNA

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[See Regulation 24( 1)]

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2nd Floor, (A. B & F Wing) Karpuri Thakur Sadan, Kenddya Karamcbari Parisu (GPOA), Ashiana Digha Road, Patna-800025

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RECOVERY CERTIFICATE UNDER $ECTION 19(a READ WITH SECTION 19(O2 OF THE RECOVERY OF DEBTS & BANKRUPTCY ACT, 1993, AS AMENDED FROM TIME TO TIME.

RC No. 305/2026

Case No: OA/518/2025

In the Matter of:

(CH- 1) BANK OF BARODA

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BRANCH OFFICE AT PATNA CITY BRANCH

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PRAKASH MARKET 1 ST FLOOR CHOWK PATNA CITY P.S. CHOWK

Applicant(s)

PATNA ,BIHAR -800008

––-- Versus -–-–-

(CD- 1) M/S ANUJ JEE SARI AND CLOTH STORE and ITS PROPRIETOR SRI ANUJ KUMAR, SITUATED AT MOHALLA KESHAV MARKET GAURI DAS MANDI BATHI PER PATNA CITY PSMalsalami Patna ,BIHAR -800008

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(CD- 2) SRIANUJ KUMAR

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SON OF SRI SATYENDRA PRASAD SINGH, RESIDING AT SIMLI PANDARIWA, P.S.MALSALAMI, PATNA CITY DISTRICT- PATNA PIN CODE- 800008 PAN- DZGPK2344B.

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Defendant(s)

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(CD- 3) SMT. LALITA DEVI W/0 SRI SATYENDRA PRASAD SINGH. RESIDING AT SIMLI PANDARIWA, P.S.MALSALAMI, PATNA CITY, DISTRICT- PATNAPIN CODE- 800008

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Recoyery Certificate for Rs 5321254,45 [ Rupees Fifty Three Lakhs Twenty One Thousands Two Hundred Fifty Four And Paise Egdy Five Onjy_]

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In terms of final order dated 07/09/2026 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. 5321254.45 along with cost, expenses and interest from the 26/06/2025 i.e. date of filing / with effective date of the OA/5 18/2025 and future interest from order date till the date of realisation in full, jointly or severally from the Certificate Debtors, hereinafter referred to as:-

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ol CD Name	lype1Type/Mode	Int. Rate	iEffective Date	Order Date	ao unt(1E1:LI!I B)	L!!!tr	Interest (ason Order Date)	RC Amount(Rs.)
A/SANUJ DCLOTH 0	(Monthly)	11.75	126/06/2025	7/09/2026	1254.45	lly Id	Interest As Date	b21254.45
		11.75	b6/06/2025	r/09/2026	15321254.45	}intly ,d	Interest As Ion Order	i321254.45
DEVI	F(M„,thly )	11.75	l5	r/09/2026	15321254.45	lintly	Interest As Ion Order Date	!5321254.45

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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 mortgaged/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 anal order urder the recovery proceeding in pursuance of the Recovery certificate issued under Section 19(22) of Recovery of Debts and Bankruptcy Act 1993.

¶102

Parties are directed to appear before ASHISH KUMAR , Recovery OfFicer, DEBTS RECOVERY TRIBUNAL PATNA on 23/10/2026.

¶103

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 11/09/2026

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th ' +gl8tra , fSB; DAhl -vea Tribunal. PIne a d+q;In. e'

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PRESIDING OFFICER DEBTS RECOVERY TRIBUNAL PATNA PI'8t&qt Ofico @ eDU Recovery TrOn PATBA

¶107

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. 305/2026

Case No: OA/518/2025

Applicant(s): BANK OF BARODA Versus

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Defendant(s): M/S ANUJ JEE SARI AND CLOTH STORE

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Item ofCosts	r
'eeonthe application	m5
r	ro
AdvocateFees	[0
Commissioner/Receiver/Valuation/SecurityFee	ro
iscellaneous Charges	[0
Total Costs:Rs,	m5

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Place: PATNA

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PRESIDIN\fOFFICER

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Date: 11/09/2026 DEBTS RECOVERY TRIBUNAL PATNA

¶120

Note: Strike out whichever is not applicable Pfelt aN Oficn 8898 Ke68V•ry ?ribU8 PATBA

Bank of Baroda v. M/s Anuj Jee Sari and Cloth Store

Case brief

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Bank of Baroda v. M/s Anuj Jee Sari and Cloth Store

Case brief

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