Debts Recovery Tribunals and Appellate Tribunals

STATE BANK OF PATIALA vs M/s Kissan Trading Co & Ors. on 27 August 2019

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DEBTS RECOVERY TRIBUNAL-I CHANDIGARH

MA No.76/19 SBI Vs M/s Kissan Trading Company & Ors.

27.08.2019 Item No.12

Present: None for the applicant bank

This Misc. Application has been filed by the applicant bank praying to amend the recovery certificate and mistake apparent in the Recovery Certificate and for correction of recoverable amount as per Section 19 (25) of the RDB Act 1993. I have perused the record. Application is allowed being mistake apparent on the face of record and inadvertent typing error. Accordingly, in Recovery Certificate amount in word mentioned as Rs. Thirty Six Lakh Eleven Thousand Six Hundred Ten and Fifty Seven paisa only with future interest at the rate of 9% p.a. with half yearly rest in second last para of recovery certificate be read as Rs.52,51,240.00 (Rupees Fifty Two lacs Fifty One Thousand Tow Hundred forty only) with future interest at the rate of 15.50% p.a. with monthly rest . MA stands disposed off. Let copy of this order be sent to the learned Recovery officer for further action. Copy of this order be given free of cost to the parties and thereafter file be tagged alongwith OA and consigned to record room.

(Harcharn Singh), Presiding Officer, DRT-I, Chandigarh Rajinder 27.08.2019

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