Allowed

Punjab National Bank v. Darbara Singh

DRT12 Feb 2026OA/849/2024

Case brief

AI extract

What is this about?

The Debts Recovery Tribunal allowed an application filed by Punjab National Bank for the recovery of ₹21,17,865.40 along with interest from Darbara Singh. The respondent did not appear, and the order was passed ex parte based on the bank's documentary evidence proving the loan and due amount.

What did the court decide?

Recovery of ₹21,17,865.40 with interest; issuance of Recovery Certificate; appearance directed for distribution of sale proceeds.

Punjab National Bank versus Darbara 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: 849 of 2024 Date of Institution: 31.05.2025 Date of Decision: 12.02.2026

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Punjab National Bank having its branches all over India and a branch at Tibbi Khurd, Tehsil Mamdot District Ferozepur and Circle SASTRA Moga, Tehsil and District Moga (Punjab).

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……..Applicant

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Vs.

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Darbara Singh son of Sh. Kishan Singh, resident of VPO. Tibbi Khurd, Tehsil and District Ferozepur, Punjab.

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……….Defendant

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Advocates

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Sh. Aseem Kataria, Counsel for the applicant bank. Defendant - ex parte .

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OA for the Recovery of ₹21,17,865.40p with interest @10.80% per annum with half-yearly rests from 31.05.2024.

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ORDER

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Punjab National Bank (Bank) has filed this application under Section 19 of the Recovery of Debts and Bankruptcy Act, 1993 (RDB Act) for the recovery of ₹21,17,865.40p with interest against Sh. Darbara Singh (defendant).

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Bank’s case is that on 20.02.2015, it had granted a loan of ₹17.50Lacs to defendant in the form of K.C.C Limit for agricultural purpose. To secure the loan, Defendant had mortgaged his land (fully detailed in para No.3A of the application). The loan was chargeable to interest @10.80% per annum with half-yearly rests. The defendant had acknowledged the liability towards the debt on 17.02.2018, 08.01.2021 and 03.03.2022. On 21.02.2024, a sum of ₹21,17,865.40p was due from the defendant. Despite repeated requests, defendant did not make the repayment. Hence, this application.

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On 24.06.2024, summons was sent to the defendant by registered post, which was duly served. However, defendant did not put in appearance. Vide order dated 03.02.2025, he proceeded was ex parte .

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In order to prove its case, the Bank has placed on record the affidavit of Mr. Rajesh Sachdeva, Authorised Officer along with the loan and security documents and marked them as Exhibit A-1 to A-13. 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 ₹17.50Lacs and on 21.02.2024, a sum of ₹21,17,865.40p was due. 6. Accordingly, the application of the bank for the recovery of ₹21,17,865.40p (Rupees Twenty One Lacs Seventeen Thousand Eight Hundred Sixty Five and Forty Paise Only) with interest @10.80% per annum with half-yearly rests from 31.05.2024, till the date of payment is hereby allowed with costs. 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 defendant.

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Pending IAs, if any, stand disposed of. 8. Recovery Certificate be issued accordingly. 9. Party is directed to appear before Recovery Officer on 23.03.2026, who is directed to distribute the sale proceeds of the mortgaged property(ies) 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 party.

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Pronounced in the open Court. (A S Narang) Dated: 12.02.2026 Presiding Officer DRT-1, Chandigarh Amanpreet (Law Researcher)

Punjab National Bank v. Darbara Singh

Case brief

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Punjab National Bank v. Darbara Singh

Case brief

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