PUNJAB NATIONAL BANK vs M/S ASIAN WEIGHT MEASURE CORPORATION & ORS on 2 April 2026

JUDGEMENT

1. The Applicant Bank filed the present TA bejng No. TA/827l2015 on 2\/OS/2O14 (arising out of O.A. No. 614 of 2Ol4 filed before DRT-2, Kolkata) for recovery of a total sum of Rs. 30t25,274,43/- (Rupees thirty lakh twenty five thousand two hundred seventy four and paisa forty three only) from the Defendants towards Term Loan together with interest, cost and other usual reliefs.

2. The Defendants are served with summons. The defendants did not appear, as there was no representation from the defendants, the case was fixed for ex-parte hearing on 1gl03/2026, and heard ex-parte accordingly. The Applicant Bank examined 11 documents through Sri Birendra Nath l4ondal, Chief Manager marked as Exhibit Annexure-A to Exhibit Annexure-K.

Heard the Ld. Counset for the Applicant Bank. The point that arises for consideration is : Whether the Applicant tsank is entiUed to the claim made in the OA against the Defendants and OA schedule properties as prayed for? As stated supra, the Defendant ren vers on or the o.A. or App cant Ba^rl"J:t ;::::: lIr:J:, ::: j:IJl :J:lffi ::: documents vaz., Exhibits Annexure-A to Annexure-K marked on behalf of the Applicant Bank, established the claim of the Applicant Bank agajnst the Defendants and OA schedule properties. Hence, I hold that the Oe App,cant Bank the craims made,,,r"'ilffi ffi::'l..ll.:::;"J:::,1 ,,abre to pav to the In the resurt, the present originar Appricaflon is arowed ex-parte with costs, as under-

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ORDER

(1) TA No a2T 0t 2015 f'ed by the Appricant Bank is arowed and debt rs determined with cost against the defendants. I the defendants the total hereby ordered that appltcant bank ts enflfled to recover from twenty five thousand ,rno "to'nt to the tune ot Rs' 30'25'274'43l- (Rupees thirty lakh and future rnterest @ ll.hundred seventy four and paisa forty three only) with pendentelite ."" ",,,,* ;;; ;;]":iff :il:;TJ5:;l#fi T ::"n:n: *,;: li

(2) Amount, if any, paid by the defendants ln the loan accounts or a the Applicant Bank after ffljnd 6fih6.\ ^ ':- - "":*'*t.amount, if any, recovered by the exact amount ", o"".lffiiilT'""h:j:::,;:;m::::i:i:ll]l future interest shall be calculated on the reduced amounf

(3) Defendants are debarred f beronging to them tir, ,n" "lt:--1':':'"1' alienating or dealins with anv of the properties oresaid decretal debt is recovered from the defendants.

(4) Defendants are given a tim repaying of the abov" ,"n,," ot tn'* days from the date of the Judgement/Final order for to pay the dues within ,n" lon"o o'"r, so rntimated to them. I its dues by sare of se"r.", "'*'" mentioned t't"' tn" "*io""t J";::::il:::i*:i:: personar properties o, ,h" "*t"''f any Applicant bank is also ent'ltled to proceed against against the defendan,, ,"."ao"t"no"ntt (Both movable and immovable) and also proceed Inally to recover the dues in accordance with law.

(5) Let the Certificate of Reco Judgement for issuance o, ,utt ou drawn up by Ld Reglstrar forthwith in terms of under section 19 (22) ofthe same against defendants in favour of the applicant bank O *;; ;:;:;;:":: ;ii::H:::":erv or oebts and Bankruptcv Act, 1es3 and put up the

(6) Ld. Recovery Officer shall realize the amount as per the Recovery Certificate from the defendants rn accordance wrth law.

(7) Ld Registrar of this Tribunal is directed to deliver recovery certificate in term of the finat ordey'judgement for recovery of the sum against the defendant in favour of the Applicant Bank under Section 19 (22) of the Recovery of Debts due to the Bank and Financial Institutions Act, 1993 now known as Recovery of Debts and Bankruptcy Act, 1993.

(8) The partles are directed to appear before the Recovery Offjcer on 05/05/2026 for further action in accordance with law in the event the entire amount is not paid by the said date. Accordingly, T.A. No. 827 of 2015 (arising out of O.A. No. 614 of 2014 filed before DRT-2, Kolkata) is allowed and stands disposed of. Copy of the Judgement/Final Order be uptoaded in the Tribunal,s website. File ls consigned to the Record Room. (Drctated to steno, transaritl€d by her, correctd, signed and pronounc€d by me in the oDen Court on the 02.. dav ot Aptn. 2026) t/\ lTernnelildfiEEf& ) -' PRESIDING OFFICER OF DRT-II KOLKATA ADDITIONAL CHARGE OF DRT.III KOLKATA

Debts Recovery Tribunal-3, Kolkata Order Sheet (Continuation) Case No. TA No, 827 of 201S Punjab National Bank Order with signature Order No.21 ot.o2/o4/2026 O.der pronounced (vade separate sheets), In the resutt, T.A. No. 827 of 2015 (arising out of O.A. No. 614 of 2014 filed before DRT-2, Kolkata) is altowed with costs. lssue Reqovery Certjficate accordingly. 1 arU-inO fVadfrav 1 Presiding Officer DRT-2, Kotkata Additional Charge of DRT-3, Kotkata Date of Order --"_] I l ss