The Debts Recovery Tribunal allowed the Bank's application for recovery of ₹32,18,520/- with interest, permitting recovery through sale of mortgaged land or personal property, and issued a Recovery Certificate.
Allowed recovery of ₹32,18,520/- with interest via sale of mortgaged land and personal property; Recovery Certificate issued.
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: 763/2023 Date of Institution: 10.04.2023 Date of Decision: 24.08.2026
SBI having its branches all over India and a branch at Kotkapura Main Branch, Tehsil and District Faridkot, Punjab.
……..Applicant Vs.
Sh. Gagandeep Singh s/o Sh. Gurdev Singh, r/o Village Hari Nau, Tehsil Kotkapura, District Faridkot, Punjab.
……….Defendant
Advocates
Mr. P.K. Khurana, Counsel for the applicant bank. Defendant- ex parte vide order dated 11.09.2024 .
OA for the Recovery of ₹32,18,520/- with interest @10.30% p.a. with half-yearly rests from 10.04.2023.
ORDER
2
MANOJ KALRA
1 issue framed by the court
Whether the application for recovery of dues under Section 19 of the RDB Act is maintainable in absence of the defendant.
1 provisions across 1 enactments
SBI
Sh. Gagandeep Singh
A S Narang
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
