In an installment eligible pending recovery application under Section 19 of the SARFAESI Act, the DRT accepted the applicant's undertaking to deposit Rs. 80,000 by 31.07.2026 and disposed of the petition without adjudicating merits.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
SA/376/2025 MANJU DEVI Vs PUNJAB AND SIND BANK
13.07.2026 Item No.39
Present: Mr. Yogesh Kumar, Counsel for the Applicant. Mr.SN Sharma, Counsel for respondent bank.
Mr.Sharma states that in case applicant deposits Rs. 80,000/- by 31.07.2026 the account would be regularized. Applicant undertakes to deposit the said amount before 31.07.2026. In view of this, the SA stands disposed of . File be consigned to the record room after due compliance.
(A S Narang) Presiding Officer DRT-I, Chandigarh
MANOJ
MANJU DEVI
PUNJAB AND SIND BANK
A S Narang
As recorded by the court registry
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