Debts Recovery Tribunals and Appellate Tribunals
UNION BANK OF INDIA vs Ms Mangal Pulses Pvt Ltd and Ors on 5 November 2026
Before SUSHIL KUMAR RASTOGI, Presiding Officer Debts RecoverY Tribunal-Il, Delhi TA No.1959 OF2022
UNION BANK OF INDIA (ERSTWHILE ANDHARA
BANK) VS M/S MANGAT PUISES P\lT LTD & ORS
Reserved on
z 21.019.2026
Pronounced on : O5.11.2O26
Union Bank of India
(Erstwhile Andhra Bank)
Vs.
1. M/s Mangal Pulses h/t Ltd
2. Shri. Ram LalGuPta
3. Sh. Raj Kumar GuPta
4. Sh. Amar Chand GuPta
5. M/s Vap Tube Bends h^ Ltd
6. M/s Telu Ram Foods tut Ltd
7. l{ls JT Agro Foods M Ltd
8. M/s Saksham Drinks htt Ltd
-Applicant bank
- Defendants
Present: Mr. Umesh Prasad, Proxy Counsel for Mr' NP
Gaur, Counsel for aPPlicant bank'
Defendants are exparte, since, 18.09.2023'
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FINAL ORDER
This original application has been filed by the applicant bank, on L6.L2.20L7 through Mr. Vikas Babu Ch, Assistant General Manager/Authorized Officer/ Principal Officer of the applicant bank, under Section 19 of the RDB Act, 1993 against the defendants for recovery of a sum of Rs.67,04,81,148.48 together with cost, charges and pendentellite and future interest @13.50o/o from date of filing of this O.A. till the realization in full. 9Xtl
TA NO. 1959 of 2022
2. The brief facts of the case are that at the request of defendant no.1 through its directors'defendant nos'2 and 3, the applicant bank sanctioned a Cash Credit Facility of Rs.60.00 Crores, vide sanction letter dated 15.07.2015. The defendant no.3 executed all necessary loaning documents on 17.07.20L5. fie defendant no.5 offering its corporate guarantee for security documents and moftgaging its property bearing No.1212, HSIIDC, Food ParK Industrial Estate RAI (Sonepat), Haryana' The defendant no.6 offering its corporate guarantee and mortgaging its property bearing no.484, Phase-V, HSIIDC, Food Park, Industrial Estate RAI (Sonepat), Haryana. The defendant no.7 offering its corporate guarantee and moftgaging its property bearing no.500 Phase-V, HSIIDC, Food Park, Industrial Estate RAI (Sonepat), Haryana. The defendant no.8 offering its corporate guarantee and mortgaging its property bearing no.512 Phase-V, HSIIDC, Food Par( Industrial Estate RAI (SonePat), Haryana.
3. It is fufther submitted that the defendanS 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 3l.Ot.2OI7. The applicant bank serued a demand notice dated 02.02.2017 to the defendants but failed to recover the same Thus, the present O.A.ff.A. is preferred by the applicant b-ank to recover its dues. gi"-
TANO. 1959 of 2022
4. On notice by this Tribunal, defendants failed to put appearance at all, despite publication' Accordingly, the defendants were proceeded against exparte on 18.09.2023.
5. The applicant bank has filed evidence by way of affidavit of Mr. Goverdhan Prasad, Assistant Manager of the applicant bank as Annexure A-1 to Annexure A-42, 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 view that the applicant bank has proved its case beyond reasonable doubts. The evidence and documents filed by the applicant bank not rebutted by the defendants by not placing any evidence and there is no question of disbelieving the evidence and documents filed by the applicant bank documents. based upon the written/Printed In the light of the above discussions, the present T'A' deserves to be allowed.
ORDER
1) I hereby allow this T.A. of the applicant bank and direct the defendant nos.1 to 8 to pay jointly and severally to the applicant bank within 30 days from today, a sum of Rs.67,04,81,148'48 along with cost' expenses and interest @11.50o/o from the date of filing grx\
TA NO. 1959 of 2022
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 personal movable and immovable assets of the defendant nos'1 to 8.
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.
5) Parties are directed to appear before the Ld' Recovery Officer, DRT-II, Delhi on 05.0L.2027' Pending IAs, if any, stand disPosed of. File be consigned to records. - Date : 05.11.2026 sJ. (SUSHIL KUMAR RASTOGI) PRESIDING OFFICER DRT-II, Delhi This judgement has been signed, dated and pronounced in oPen couft. Date : 05.11.2026 Cd (susHrL KUM-AR PilSibGI) PRESIDING OFFICER DRT-II, Delhi