UNION BANK OF INDIA vs MR. RAJEEV RANJAN on 20 July 2026

FINAL ORDER

This original application has been filed by the n bank, on 27.11.2018 through Sh' Anil Kumar' nager of the aPPlica nt bank, under Section 19 of the RDB 1993 against the defendants for recovery of a sum of Rs.11,73,436'80 together with cost' charges and pendentellite and future interest @13olo from 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 nos'1 & 2, the applicant bank sanctioned a Term Loan/SOD Limlt facility of Rs'15'00'000/-' vide sanction letter dated 77 '12'20L4'The defendants created the primary security which is mortgage 7A' First Floor' cl

Block-A, Nandram Park, Uttam Nagar' 110059. The defendant no'3 stood as guarantor' Delhi-

3. It is further submitted that the defendants enjoyed and utilized the Loan facilities, but failed to maintain the flnancial 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 3t'07'2018' The applicant bank serued a demand notice dated 18'08'2018 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 failed to put appearance at all, despite service' Accordingly' the defendants were 23.08.2024. proceeded against exParte on

5. The applicant bank has flled documents along with O.A as Paper No. 1 to Paper No'48' 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 documents flled by the applicant banknotrebuttedbythedefendantsbynotplacingany evidence and there is no question of disbelieving the g"I

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 directthedefendantnos.lto3topayjointlyandseverally to the applicant bank within 30 days from today' a sum of Rs.11,73,436.80 along with cost' expenses and interest @13.00o/o from the date of filing of this O'A' which has become T.A till the date of realization' Z) In case of failure to deposit the above amount within the stipulated period, the same shall be recovered fromthesaleofmortgagedpropertybearingTA,First Floor,Block-A,NandramPark,UttamNagar'Delhi- 110059. In case of shoft fall, the same shall be recovered from the sale of personal movable and immovable assets of the defendant nos'l to 3'

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 Parties. s,\

5) Pafties are directed to appear before the Ld' Recovery Officer, DRT-II, Delhi on 2l'09'2026' Pending IAs, if anY, stand disPosed of' File be consigned to records' Date : 20.07'2026 This judgement has been pronounced in oPen court' Date : 20.07.2026 l s\-' .'\ (SUSHIL KUMAR RASTOGI) PRESIDING OFFICER DRT-II, Delhi signed, dated and si\ (SUSHIL KUMAR {ASTOGI) PRESIDING OFFICER DRT-II, Delhi