UNION BANK OF INDIA vs M/S YASH TRAVELS on 10 August 2026

FINAL ORDER

This original application has been filed by the applicant bank, on 27.L2.202L through Mr. Bhupenra Singh, Senior. Manager of the applicant bank, under Section 19 of the RDB Act, 1993 against the defendants for recovery of a sum of Rs.79,09,658.51 together with cost, charges and pendentellite and future interest @13.25olo p,a. .in the respective loan accounts (1). CCVL- s60371000407181 (2). CCVL- 5607710001s8038 (3). CCVL- 560771000158062 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 no.1 through its proprietor the defendant no.2, the applicant bank sanctioned a Credit Facility of Rs.9.50 Lacs under Corp Laghu Udyami Credit Card Scheme (CLUCC), vide sanction letter dated 28.t2-2015 9\'

1. M

2. N

3. M

- Defendants

'TANO.777 of 2022

against hypothecation of book debts and assignment of LIC Policy'No.3321462600 for the value of Rs.2.11 Lacs. The defendant no.1 executed all necessary loaning documents on 28.12.20L5. The defendant no.3 stood as guarantor. Again, at the request of defendants, the applicant bank sanctioned a Commercial CCVL Loan Facility of Rs.37,00,000/-, vide sanction letter dated 29.03.2016 for purchase of 4 vehicle for commercial purpose (1). A brand new Maruti Suzuki EECO 5 Star' (2). Three brand new Traveller 4020 Smooth CNG (20+D) against hypothecation of aforesaid vehicles. The defendants executed all necessary loaning documents on 31.03.2016. Again, at the request of defendants, the applicant bank sanctioned a Commercial CCVL Loan Facility of Rs.38,00,000/- for purchase of two brand new SML ISUZU Starioc-36 Str-CNG, E-IV I/c Bus, vide sanction letter dated 30.03.2017 against the hypothecation of afoi'esaid vehicle. The defendants executed all necessary loaning documents on 05.04.2017. Again, at the request of defendants, the applicant bank restructured the existing credit facilities, vide snction letter dated 19.03.2019 i'e', CCVL- 560771000158038 of Rs.29.77 Lacs, CCVL- 560771000158062 of Rs.31.55 LBCS, CCVL- 560371000407181 of Rs.9.41 Lacs. The defendants executed all necessary loaning documents on 19.03.2019.

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 vfits and ietters, but there a"\i was no response from the defendants. Hence, the account wiis classified as NPA dated 31'03.2021. The applicant bank served a recall notice dated 22'05.202tto 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, defendant nos.1 & 2 put appearance through counsel but failed to file written statement. Thereafter, the defendant nos.1 & 2 failed to put appearance in the matter. The defendant no.3 failed to put appearance at all. Accordingly, the defendants were proceeded against expafte on 15.01.2026.

5. The applicant bank has filed evidence by way of affidavit of Sh. Bhupendra Singh, Senior Manager of the applicant bank as Annexure A-1 to Annexure A-51, which have gone unchallenged and un-rebutted. Hence, the case of the applicant stands fully established against the defendanS 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. gr\

In the light of the above discussions, the present T.A. deserues to be allowed.

ORDER

1) I hereby allow this T.A. of the applicant bank and direct the defendant nos.1 to 3 to pay jointly and severally to the applicant bank within 30 days from today, a sum of Rs.79,09,658.51 along with cost, expenses and interest @11.40olo 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 hypothecated vehicles i.e., (1)' A brand new Maruti Suzuki EECO 5 Star, vide vehicle bearing Engine No.429590, Chassis No.MA3ERLF1S0045280 and Registration No. D11K9217. (2). Brand: Traveller 4020 (C) (BSIV)- Smooth CNG (20+D), bearing Engine No' D65000886, Chassis No.MC1E5ECA6GP000820 and Registration No. D11VB9076. (3) Brand: Traveller 4020 (C) (BSIV)- Smooth CNG (20+D), bearing Engine No' D65000582, Chassis No.MC1E5EBA4GP000560 and Registration No. DL1VB91L4. (4)- Brand: Traveller 4020 (C) (BSIV)- Smooth CNG (20+D), bearing Engine No. D65000608, Chassis No.MC1E5EBA0GP000569 and Registration No. DL1VB9024' (5)' Two brands new SML ISUZU Starioc-36 Str-CNG, E-IV A/c Bus, vide vehicle bearing (1). Engine No. SLNG1LV22L2, Chassis No. MBUZT54XLVO227852 and Registration No. HR99ABRT0786, (2). Engine No. SLNG1LV2128, Chassis No. MBUZT54XDV02L92B9 and Registration No. HR99ABRT0767. In case of short fall, the same shall be e-"\

recovered from the sale of personal movable and immovable assets of the defendant nos.1 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.

5) Parties are directed to appear before the Ld. Recovery Officer, DRT-II, Delhi on 72.10.2026. Pending IAs, if any, stand disposed of. File be consigned to records. Date : 10.08.2026 !s) (susHrl KUMAR RAsrOGr) PRESIDING OFFICER DRT-II, Delhi This judgement has been signed, dated and pronounced in open court. Date : 10.08.2026 I sa (SUSHIL KUMAR RASTOGI) PRESIDING OFFICER DRT-II, Delhi