UNION BANK OF INDIA vs MANSAROVER PACKAGING AND ORS on 6 October 2026

FINAL ORDER

This original application has been filed by the applicant bank, on 28.08'2018 through Mr' Vinod Kumar Das, Senior Manager of the applicant bank' under Section 19 of the RDB Act, 1993 against the sole defendant for recovery of a sum of Rs'84,32,403'42 (Rs'48 '77 '456'42 towards Cash Credit Facility + Rs'1'14'859/- towards Vehicle Loan Facility CVEHI/0U130009 + Rs'1'70'556/- towards Vehicle Loan Facility CVEHVOU130012 + Rs.6,72,8341- towards Vehicle Loan Facility CVEHV01/130019 + Rs'25,96,698/- towards Loan Facility CVEHI/0U170004) together with cost' charges and pendentellite and future interest @13'00o/o from date of filing of this O.A. till the realization in full' ,il' Sh. Vishnu Jaysaval, Proxy Counsel for Sh' Samarendra Kumar, Counsel appears ror applicant bank. i5r'.i J"r"nount is eparte, since, 30'01' 2025'

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2. The brief facts of the case are that at the request of sole defendant, the applicant bank sanctioned a Cash Credit Facility of Rs'45.00 Lacs to meet the working capital requirement and Term Loan Facility of Rs'4'80 Lacs to purchase of machinery costing of Rs'6'40 Lacs' vide sanction letter dated 04'03'2013' The sole defendantexecutedallnecessaryloaningdocumentson 06.03.2013. Again, at the request of defendant' the applicant bank sanctioned a Vehicle Loan Facility of Rs.3.10 Lacs to purchase a Maruti Atto 800 Green IJI M BS IV bearing registration No' DL 12CC 8935' vide sanction letter dated 15'03'2013' The sole defendant executd all necessary loaning documents on 15.03.2013. Again, at the request of defendant' the applicant bank sanctioned a Vehicle Loan Facility of Rs.3.90 Lacs to purchase a Hyundai Magna 1'2 bearing registration No. DL 1CP 8997, vide sanction letter dated 15.05.2013' The sole defendant executed all necessary loaning documents on 15'05'2013' Again' at the request of defendan! the applicant bank sanctioned a Vehicle Loan Facility of Rs'9'00 Lacs to purchase a HyundaiVerna CRDI SX 1.6 bearing registration No' DL 3CBZ 7203' vide sanction letter dated 29'10'2013' The sole defendant executd all necessary loaning documents on 29.10.2013. Again, at the request of sole defendant' the applicant bank sanctioned a Working Capital Demand Loan Facility of Rs'23'00 Lacs to meet the working capitat requirement, vide sanction letter dated 31'03'2017' The sole defendant executed all necessary loaning documents on 31.03.2017' The aforesaid credit facilities were also secured by hypothecation of vehicles & book debts' 9}\

TANO. 1605 of 2023

3. It is J further submitted that the sole defendant enjoyed and utilized the Loan facilities' but failed to maintain the financial discipline and failed to repay the due amounts. The appticant bank requested the sole defendant to regularize the loan account by visits and letters, but there was no response from the sole defendant. The applicant bank served a demand notice dated 13.01.2018 & 02.02'2018 to the sole defendant but failed to recover the same Thus, the present O'A'II'A' is preferred by the applicant bank to recover its dues'

4. On notice by this Tribunal, sole defendant failed to put appearance at all, despite publication' Accordingly' the sole defendant was proceeded against expafte on 30.01.2025.

5. The applicant bank has filed evidence by way of affidavit of Sh. Vinod Kumar Das, Senior Manager of the applicant bank as Paper No'27 to Paper No'347' which have gone unchallenged and un-rebutted' Hence' the case of the applicant stands fully established against the sole defendant with respect outstanding amount. to nonpayment of

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 sole defendant by not placing any evidence and there is no question of disbelieving the evidence and documents filed by the a^

1) I hereby allow this T'A' of the applicant bank and direct the sole defendant to pay to the applicant bank within 30 days from today, a sum of Rs'84'32'403'42 along with cost, expenses and interest @10'B5o/o from the TANO. 1605of2023

applicant bank based uPon the written/Printed documents. In the light of the above discussions, the present T'A' deserues to be allowed.

ORDER

date of flling of this O'A' date of realization. which has become T.A till the sole defendant.

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 vehicles i'e''

(i) . Maruti Alto 800 Green D(I M BS IV bearing registration No. DL 12CC 8935' (ii)' Hyundai Magna 1'2 bearing registration No' DL 1CP 8997' (iii)' HyundaiVerna CRDI SX 1.6 bearing registration No' DL 3CBZ72O3'ln case of shoft fall, the same shall be recovered from the sale of personal movable and immovable assets of the

3) Recovery Certiflcate 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. 9^

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5) Parties are directed to appear before the l-d' Recovery Officer, DRT-II, Delhi on 07 '12'2026' Pending IAs, if anY, stand disPosed of' File be consigned to records' 9'\ (SUSHIL KUMAR RASTOGI) PRESIDING OFFICER DRT-II, Delhi This judgement has been signed' dated and pronounced in oPen court' 9J (susHIL rUMnn RASTOGI) PRESIDING OFFTCER DRT-II, Delhi Date : 06.10.2026 Date : 06.10.2026