Bank of India v. Amarjit Kaur
Case brief
What is this about?
The Debts Recovery Tribunal allowed the bank's application under Section 19 of the RDB Act for recovery of loan dues, issuing a recovery certificate against the defendants jointly and severally liable.
What did the court decide?
Recovery of ₹39,72,931.44p with interest allowed; recovery certificate issued; recovery via sale of mortgaged land or personal property.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
BEFORE: A S NARANG, PRESIDING OFFICER
OA No: 919 of 2023 Date of Institution: 24.04.2023 Date of Decision: 25.08.2026
Bank Of India having its branches all over India and a branch at Hoshiarpur, Punjab.
……..Applicant
Vs.
- Amarjit Kaur w/o Sh. Balbir Singh r/o VPO Nasrala, District Hoshiarpur, Punjab.
- Ranjit Singh s/o Sh. Pritam Singh r/o VPO Nasrala, District Hoshiarpur, Punjab.
……….Defendants
Advocates
Ms. Navita proxy counsel for Mr. Narinder Kumar, Counsel for the applicant bank. Defendants - ex parte .
OA for the Recovery of ₹39,72,931.44p with interest @13.70% per annum with half-yearly rests from 24.04.2023.
Issues for consideration
1 issue framed by the court
Whether the application for recovery of debt under Section 19 of the RDB Act is maintainable and prima facie proved.
Parties & counsel
- applicant
Bank Of India
- respondent
Amarjit Kaur w/o Sh. Balbir Singh
- respondent
Ranjit Singh s/o Sh. Pritam Singh
Coram
Case details
As recorded by the court registry
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