BANK OF BARODA vs M/S ANMOL RESEARCH AND BREEDING FARM on 27 August 2026

FINAL ORDER

This original application has been filed by the applicant bank, on Lz.ll.z}Zlthrough SunilVerma, Chief Manager of the appticant ban( under Section 19 of the RDB Act, 1993 against the defendants for recovery of a sum of Rs.99,18,793.31 together with cost, charges and pendentellite and future interest @10'10o/o p'a' 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 defendant no'2' the applicant bank sanctioned a Cash Credit Loan Facility of Rs.15,00,000/-, vide sanction letter dated 04'05'2018 under the Stand-Up India Scheme' To secure the aforesaid facility, the defendants created hypothecation Shri Chanchal Aggarwal, Counsel appears for applicant bank. oeiendans are exparte, since, 03.01.2025' €),

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of the stock and book debts and hypothecation of birds, eggs etc. The defendants executed all necessary loaning documents on 04.05.2018. Again, at the request of defendants, the applicant bank sanctioned a C-ash Credit Loan Facility time to time and lastly was sanctioned on 3L.t2.2020 of Rs.13,85,000/-. The defendants executed all necessary loaning documents on 31.12.2020. The defendants have also availed the FITL-COVID Loan of which account was opened on 09.09.2020 in which initial withdrawal was made of Rs.78,663/-. Fufthermore, on the request of defendants, the applicant bank also sanctioned the DLffL GEN-COMP- NON-EMI Loan of which account was opened on 2L.02.2020 in which the initial withdrawal was made of Rs.6,22,000/-'

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 31.03.2021 & 25.06.202L. The present O.A'ff.A. is preferred by the appticant bank to recover its dues.

4. .On notice by this Tribunal, defendants failed to put appearance at all, despite publication. Accordingly, the defendants were proceeded against exparte on 03.01.202s. ;..

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5. The applicant bank has filed evidence by way of affidavit of Shri. Sunil Verma, Chief Manager of the applicant bank as Annexure A-1 to Annexure A-31, 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 wriften/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.l and 2 to pay jointly and severally to the applicant bank within 30 days from today, a sum of Rs.99,18,793.31 along with cost, expenses and interest @10.10olo 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

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from the sale of hypothecated assets. In case of shoft fall, the same shall be recovered from the sale of personal movable and immovable assets of the defendant nos.l and 2.

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) Pafties are directed to appear before the Ld. Recovery Officer, DRT-II, Delhi on 27.L0.2026. Pending IAs, if any, stand disPosed of. File be consigned to records. Date:27.08.2026 :sA (susHr L rfu Nnn RAsroGI) PRESIDING OFFICER DRT-II, Delhi This judgement has been signed, dated and pronounced in oPen couft. ' €A '''. (susHIL KgplAR RASToGI) PRESIDING OFFICER DRT-II, Delhi Date : 27.08.2026