DRT-I, Chandigarh allowed the applicant bank's application for recovery of ₹94,36,169.14 with interest from the respondents who had defaulted on a secured loan and guarantee obligations, directing issuance of a recovery certificate.
Recovery of ₹94,36,169.14 with interest; a recovery certificate to be issued; direction to appear before the Recovery Officer.
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IN THE DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
BEFORE: A S NARANG, PRESIDING OFFICER
TA No: 47/2025
Date of Institution: 04.08.2021
Date of Decision: 04.06.2026
Central Bank of India having its branches all over India and a branch at Indira Mansion, Shalamar Road, Jammu, Jammu and Kashmir.
Advocates
Sh. Vivek Verma, Counsel for the applicant bank. Defendants- ex parte .
TA for the Recovery of ₹94,36,169.14p with interest @12.35% per annum with monthly rests from 04.08.2021.
2
ORDER
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1 issue framed by the court
Whether the bank had proved its case for recovery of the loan amount and interest?
1 provisions across 1 enactments
Central Bank of India
M/s Radha Rice Mills
Ms. Anuradha daughter of Sh. Kewal Raj
Shri Kewal Raj
Shri Joginder Paul's Legal Representatives
Ms. Ram Pyari
A S Narang
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
