STATE BANK OF INDIA vs MR. MANOJ KUMAR MISHRA on 9 September 2026

FINAL ORDER

This original application has been filed by the applicant bank, on 27.02.2019 through Shri' Pawan Kumar Jha, Chief Manager of the applicant bank, under Section 19 of the RDB Act, 1993 against the defendants for recovery of a sum of Rs.21,70,678/- together with cost, charges and pendentellite and future interest @11.75olo 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 nos.1 and 2, the applicant bank sanctioned a Car Loan Facility of Rs.20,00,000/- for purchase a Ford Endeavour Trend Car, vide sanction letter dated 26.10.2016. The defendants executed all necessary loaning documents on 26'10'-2016' To secure the ..*. h!

TANO. 182of2023 2 aforesaid facility, the defendants hypothecated the car being Ford Endeavour Trend, bearing No, Up-16- B-J4833, Engine No.GB4778B & Chasis No. MAI$C(MRWAGB477&B with the applicant bank.

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 30.04.2017. The applicant bank served a demand notice dated 04.05.2017 to the defendants but failed to recover the same Thus, the present O.A.[I.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 seruice. Accordingly, the defendants were proceeded against expafte on 08.02.2023.

5. The applicant bank has filed evidence by way of affidavit of Shri. Vimal Sethi, Authorized Officer and Chief Manager of the applicant bank as Paper No.1 to Paper No.51, 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 licant bank has view that the app proved its case beyond

TANO. 182of2023

reasonable doubts. The evidence and documents Rled by the appticant bank not rebutted by the defendants by not pracing any evidence and there is no question of disbelieving the evidence and documents filed by the applicant bank based upon the written/printed documents. In the light of the above discussions, the present T.A. deserues to be allowed.

ORDER

1) I hereby altow this T.A. of the applicant bank and direct the defendant nos.l and 2 to pay joinfly and severally to the applicant bank within 30 days from today, a sum of Rs.21,70,6791- along with cost, expenses and interest @9.70o/o 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 being Ford Endeavour Trend, bearing No. Up_16_B_J4833, Engine No.GB477BB & Chassis No. MAIOC(MRWAGBZI778g. In case of short fall, the same shall be recovered from the sale of 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. -{it*

TA NO. 182 of 2023 File be consigned to records.

5) parties are directed to appear before the Ld. Recovery officer, DRT-II, Derhi on 09.11.2026. pending IAs, if any, stand disposed of. i-qq Date : 09.09.2026 (SUSHIL KUMAR +4 PRESIDING OFFICER DRT-II, Delhi This judgement has been signed, dated and pronounced in open couft. 9a Date : 09.09.2026 (SU P q SHIL KUMAR GI) RESIDING OFF.I DRT-II, Delhi CER