Debts Recovery Tribunals and Appellate Tribunals
ASLAM ALI AND OTHERS vs PUNJAB NATIONAL BANK on 28 July 2025
**ORDER-SHEET** Page No. ....
**DEBTS RECOVERY TRIBUNAL, DEHRADUN**
**M.A. No. 83 of 2024**
**Aslam Ali & Ors. Vs Punjab National Bank**
**Date: 28.07.2025**
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**Order**
As per applicant, the property has already been sold by the respondent bank. The physical possession has already been handed over to the auction purchaser.
The applicants has appeared with the prayer to withdraw the petition and prayed for release of excess bid amount in the account of the applicant.
Smt. Arjumanda and Sh. Farzand Ali is the joint owner of the property.
Smt. Arjumanda has appeared before the Tribunal and endorsed in the petition that the Sh. Farzand Ali is not well and is unable to appear before the Tribunal and prayed for release of excess bid amount in the account of Smt. Arjumanda Applicant No. 3 and also endorsed that nobody claim for the same and wants to withdraw the petition.
An affidavit has also been filed by the applicant vide diary no. 3999 dated 23.07.2025 with details of applicant as under
1. 1. Account No. 44287906917 of Smt. Arjumandsultana of State Bank of India Branch Sambhal, Moradabad Road, MICR No. 244002602, IFSC: SBIN0001951.
The respondent bank may release, the excess bid amount in the above noted account.
In the light of above observations, the petition is disposed off with the direction that the respondent bank shall take action for refund of amount, which is in excess, received to the bank as per rules. If the property is of mortgagor and he is not principal borrower. In that case, amount should be transferred to mortgagor after verification as per rules. No order as to cost.
Interim order, if any vacated. All interim applications are disposed off accordingly.
Record be consigned.
(Umesh Kumar Sharma) Presiding Officer DRT, Dehradun