Punjab National Bank v. Sh Kuldeep Singh
Case brief
What is this about?
Mumbai
What did the court decide?
Recovery of Rs. 32,72,275/- with interest allowed; Recovery Certificate issued; Joint and several liability imposed; Sale of mortgaged land directed.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
BEFORE: A S NARANG, PRESIDING OFFICER
OA No: 922/2022 Date of Institution: 30.04.2022 Date of Decision: 22.04.2026
Punjab National Bank having its branches all over India and a branch at Sadar Bazar, Ferozepur Cantt, District Ferozepur, Punjab.
……..Applicant
Vs.
- Sh. Kuldeep Singh s/o Sh. Swaran Singh, r/o Village Jatala, P.O. Lakho Ke Behram, Tehsil Guruharsahai, Distt. Ferozepur, Punjab.
- Sh. Swaran Singh s/o Sh. Mangal Singh, r/o Village Jatala, P.O. Lakho Ke Behram, Tehsil Guruharsahai, Distt. Ferozepur, Punjab.
- Sh. Ranjit Singh s/o Sh. Narinderpal Singh, r/o Village Jatala, Tehsil Guruharsahai, Distt. Ferozepur, Punjab.
……….Defendants
Advocates
Issues for consideration
3 issues framed by the court
Whether the applicant bank proved its case for recovery of dues against the respondents through affidavit and documentary evidence.
Whether the application for recovery of money due was maintainable and admissible under Section 19 of the RDB Act.
Whether the defendants should be held jointly and severally liable for the recovery of the loan amount with interest.
Parties & counsel
- applicant
Punjab National Bank
- respondent
Sh. Kuldeep Singh
- respondent
Sh. Swaran Singh
- respondent
Sh. Ranjit Singh
Coram
Case details
As recorded by the court registry
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