Debts Recovery Tribunals and Appellate Tribunals
PAWANI GUPTA vs UCO BANK on 29 January 2026
DEBTS RECOVERY TRIBUNAL
(for the States ofMadhya Pradesh and
(Presiding Officer - Hon'bte Shri Pravas r/c DRT JABALPUR)
Aooeal 17/25
01) PawaniGupta
wo Late shri Ashok Kumar Gupta,
Aged about- tl4 Yean,
R./o 513, Kurud Kohka
Ward no.07,
Purani Bastl Kohka,
Bhilai,
0z) smt. Shweta Gupta
Wo Shri Rakesh
Aged about- 41 Years,
R/o House no. 513,
Hanuman Mandir,
Purani Bastl Kurud,
Bhilai,
Tehsil and District Durg
Versus
01) UCO Bank Civic Center Branch,
Through its Authorized Officer,
Office at Cfuic Centre Branch,
lndira Palace Bhilai (C.6.)
02) YES Bank ltd.
Through iB Authoriled Officer,
Office at,4s floor, Pujarl Chambers C Building, Right Wing; TaSore Nagar, Dhamtari Road Near Pachpedi Naka, Ralpur' 492001.
03) Roshan Jain
S/o Shri OmPrakash Jain,
R/o Ward no. 39, Mahaveer Nagar, Durg,
Tehsil and District Durg (C.6.)
04) Sarita Sengal
Wo Vinod Kumar Sengal,
R/o B-9, Royal Green Near Shankaracharya Engineering Junwani, SAF Bhilai (C.G.) 49@20.
05) GauravSenBal,
S/o Vinod Kumar Sengal,
R/o B-9, Royal 6reen Near Shankaracharya Junwani, SAF Bhilai(C.G.) 49m20,
05) Neeraj Sengal
S/o Vinod Kumar Sengal,
o
i
J
Singh
Appllcant
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1. ) R/o B-9, Royal 6reen Near Shankaracharya Engineering Collage' Junwani, SAF Bhitai (C'G')490020'
07) Smt. Anu Sengal, W/o Neeraj Sengal, R/o B'9, Royal Green Near Shankaracharya Engineering Collage' Junwani, SAF Bhilai (C'G')490020' OB) Smt' Sushma Seengal, W/o Shrl Gaurav Seengal' R/o B-g, noyal Green iear shant<aracharya Engineering collage, Junwani, SAF Bhllai (C'G')490020' Royal Junwani, SAF Bhllai (c.G.) of Debts Engineering Collage,
10) Shri Sachin Jain, Rlo 2U18 Nehru Nagar West Bhilai' ;;ilri Nehru Nagar Bhilai Durg (c'G')491001 OR.DER onTtiF-J;nUErY, 20261 By submitting this and BankruPtcY Appeal ds 30(l) and BankruPtcY aggrieved bY applicant came into (Passed Act, challenged the order Recovery Tribunal J
2. Facts in abalPur brief are that this order is rlo. 17125. This apPeal has proPoted to be Recovery Debts Act 1993' Applicant being registered At DRC \o,21gt24. lt is shted that neither the no. 4 to l0 i.e' affected regi$ered AS DRC no. 219t24, In Pursuant 18.04.23 Passed m O.A. no. 1 knowledge 77812019. k guarantor of respondent Recovery the Dsbt
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Appeal of the by the loan are and proce€ding order dated that the and
J tile objection before the Recovery Offrcer on I the same was not decided and the property auction and it has been declared who has deposit the balance amount by 23.10.25.
3. It is stated that applicant has purchased property from the Respondent no. 3 after due dil per Rules I I Schedule 2 of the Income To< which is in possession of the objector to the sold without proper investigation.
4. It is stated on behalf of Respondent objection of the applicant was heard on 16'04'25 was pronounced on I L07.25.1t is pointed in para order it was specifically mentioned that ob Gupta (Present Applicant) and Yes bank consideration. It is submitted that applicant has objection for saying that on 08.10.20525 the bank to reply on the other hand the Recovery Officer is of the Auction proceeding. It is further submitted is directed to file reply to the letter which was Officer by one Advocate and the said reply was consideration and the order.
5. Similar plea has been taken bY Auction Purchaser. I find that both the replied by the Respondent Bank and I have also order passed by the Recovery Officer, I find 17125 Appeal however, on to properly that the the order and 4 of the of Pawani another given time ing ahead CH Bank to Recovery taken into cannot be taken have been has free hold and as ttre Recovery officer has dealt with objections in don't find DRT: Incharge: N\ Q.Tt'',^ Kumar\ingh) (Pravas I and by the 'il25
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