STATE BANK OF INDIA vs MRS SAVITA BHATI on 8 September 2026

FINAL ORDER

This oi'iginal application has been filed by the applicant bank, on 23.02.2018 through Ms. Seema Tewari, Chief Manager of the applicant banl( under Section 19 of the RDB Act, 1993 against the defendants for recovery of a sum of Rs.15,66,375/- together with cost, charges and pendentellite and future interest @11.05% 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, the applicant bank sanctioned a Car Loan Facility of Rs.15,00,000/- for purchase a Chevolet Cruze car, vide sanction letter dated 22.06.2015. The defendant no.1 executed all necessary loaning documents on 22.06.2015.-,The defendant no'1 for g\', TANO.749of2024 2 repayment of loan together with interest hypothecated the car being Chevolet Cruze, bearing No. UP-16CN- 0021, Engine No. Z20DLL5675K & Chasis No.MA6JADHDCCH00159B with the applicant bank. The defendant no.2 in his personal and individual capital extended his guarantee and executed a guarantee agreements dated 18.06.2015.

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 17.03.2017. The applicant bank served a demand notice dated 22.03.2017 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. The defendant no.2 has filed written statement but failed to file evidence. The defendant no.1 failed to put appearance at all. The.eafter, the defendant no.2 failed to put appearance, despite publication. Accordingly, the defendants were proceeded against expafte on 26.08.2025.

5. The applicant bank has filed documents along with O.A. as Paper No.3 to Paper No.50, which have gone unchallenged and un-rebutted. Hence, the case of the appiicant stands fully established against the defendants with respect to nonpayment of outstanding amount. S/\

TA NO. 749 of2024

6. After perusing the records, this Tribunal is of the view that the applicant bank has proved its case beyond reasonable doubts. The documents filed by the applicant bank not rebutted by the defendants by not placing any evidence and there is no question of disbelieving the 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.l and 2 to pay jointly and severally to the applicant bank within 30 days from today, a sum of Rs.15,66,375/- along with cost, expenses and interest @10.10% 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 vehicle i.e., Chevolet Cruze, bearing No. UP-16CN-0021, Engine No. Z20DLL5675K & Chasis No.MA6JADHDCCH001598 personal movable and immovable assets of the defendant nos.1 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 parties. ;i

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5) Parties are directed to appear before the Ld. Recovery Officer, DRT-II, Delhi on 09.11.2026. Pending IAs, if any, stand disposed of. File be consigned to records. Date : 08.09.2026 :9J (susHrl KUMAR nASrOCr) PRESIDING OFFICER DRT-II, Delhi This judgement has been signed, dated and pronounced in open couft.

Date : 08.09.2026 (susHrL KUMAR nAStbCr) PRESIDING OFFICER DRT-II, Delhi