Debts Recovery Tribunals and Appellate Tribunals
UNION BANK OF INDIA vs SOLAR ENERGY SAVING PRODUCT P LTD on 28 September 2026
Before SUSHIL KUMAR RASTOGI, Presiding Officer Debts Recovery Tribunal-Il, Delhi TA No.493 OF 2024
uNroN BANK OF rNDrA (E-COPORATTON BANK) VS
M/S SOLAN ENERGY SAVING PRODUCTS P LTD &
oRs
Reserved on
= L4.O8.2O26
Pronounced on : 28.09.2026
Union Bank of India
(E- Corporation Bank)
-Applicant bank
Vs.
1. M/s Solan Energy Saving Products P Ltd
2. Sh. Pramod Kumar Vohra
3. Ms. Sapna Vohar
4. sh. Nihit vohra
- Defendants
Present:
Sh. Vishnu Jaysaval, Prory Counsel for Sh'
Samarendra Kumar, Counsel appears for
applicant bank.
Defendants are expafte, since, 01.06'2026'
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FINAL ORDER
This original application has been filed by the applicant bank, on 21.03.2018 through Mr. Subash Kumar, Chief Manager of the applicant bank, under Section 19 of the RDB Act, 1993 against the defendants for recovery of a sum of Rs.3,08,81,318'90 together with cost, charges and pendentellite and future interest @L3.71o/ofrom date of filing of this O.A. till the realization in full.
2. The brief facts of the case are that at the request of defendant no.l along with defendant nos'2 to 4, the 9}.- TA NO. 493 of 2024
applicant bank sanctioned a Cash Credit Facility of Rs.300. Lacs to meet the working capital requirement (out which sub- limit of Rs.15.00 Lacs with Solan Branch to meet day to day expenses of the Factory) and Impofl/Inland LC Limit of Rs.150.00 Lacs, vide sanction letter dated 08.09.2015. The defendants executed all necessary loaning documents on 10.09.2015 and 08.09.2015. The aforesaid credit facility was secured by mortgage of property i.e., Vacant Plot forming part of Land & Building in Khata/Khatauni No.3/126, Khasra no.379, Situated at Maujasalogra, Pargana-n Takroli, Tehsil & District- Solan, Himachal Pradesh Owned by defendant no.1.
3. It is further submitted that the defendants enjoyed and utilized the Loan facilities, but failed to maintain the financial discipline and failed to repay the due amounts. The applicant bank requested the defendants to regularize the loan account by visits and letters, but there was no response from the defendants. Hence, the account was classified as NPA dated 05.01.2018. The applicant bank served a demand notice dated t7.02.2018 to the defendants but failed to recover the same Thus, the present O.A.ff.A. is preferred by the applicant bank to recover its dues.
4. On notice by this Tribunal, defendants put appearance through counsel and filed written statement but failed to file evidence. Thereafter, the defendants failed to put appearance in the matter, despite issuance of default notice. Accordingly, the defendants were proceeded against exparte on 01.06.2026. s4
TANO. 493 of 2024
5. The applicant bank has filed evidence by way of affidavit of Shri. Atul, Chief Manager of the applicant bank as Paper No.21 to Paper No.224, which have gone unchallenged and un-rebutted. Hence, the case of the applicant stands fully established against the defendants with respect to nonpayment of outstanding amount.
6. After perusing the records, this Tribunal is of the view that the applicant bank has proved its case beyond reasonable doubts. The evidence and documents filed by the applicant bank not rebutted by the defendants by not placing any evidence and there is no question of disbelieving the evidence and documents filed by the applicant bank based upon the written/printed documents. In the light of the above discussions, the present T.A' deserves to be allowed.
ORDER
1) I hereby allow this T.A. of the applicant bank and direct the defendant nos,1 to 4 to pay jointly and severally to the applicant bank within 30 days from today, a sum of Rs.3,08,81,318.90 along with cost, expenses and interest @11.75olo from the date of filing of this O.A. which has become T.A till the date of realization.
2) In case of failure to deposit the above amount within the stipulated period, the same shall be recovered from the sale of hypothecated assets and the sale of mortgaged property i.e.,__--' Land & Building in sJ
TANO.493of2024 4 Khata/Khatauni No.37l126, Khasra no.379, Situated at Maujasalogra, Pargana - Takroli, Tehsil & District- Solan, Himachal Pradesh. In case of short fall, the same shall be recovered from the sale of personal movable and immovable assets of the defendant nos.1 to 4.
3) Recovery Certificate be issued forthwith and be sent to Recovery Officer, Debts Recovery Tribunal-Il, Delhi.
4) The registry of this Tribunal is hereby directed to issue free copy of the order and send the same to both the pafties.
5) Parties are directed to appear before the Ld' Recovery Officer, DRT-II, Delhi on 30.11.2026. Pending IAs, if any, stand disposed of. File be consigned to records. ._...-,r.-+. SI (susHrl KUMAR RAStOGI) PRESIDING OFFICER DRT-II, Delhi This judgement has been signed, dated and pronounced in open court. Date : 28.09.2026 Date : 28.09.2026 :eI'\ (SUSHIL KUMAR RASiuur) PRESIDING OFFICER DRT-II, Delhi