Thursday, August 13, 2026

Original Application - Punjab National Bank - Versus - H.M. Enterprise and Others - DRT Siliguri

 

IN THE DEBTS RECOVERY TRIBUNAL, SILIGURI

2ND. FLOOR, PCM TOWER, 2ND MILE, SEVOKE ROAD,

SILIGURI-734-001, WEST BENGAL

 

Ο.Α. ΝΟ.        OF 2023

   PUNJAB NATIONAL BANK.

(Erstwhile United Bank of India)

……...APPLICANT

-VS-

 

M/S. H.M.ENTERPRISE AND OTHERS

…..….DEFENDANTS

SL. NO

 

DATE

 

EVENT

 

1.

31/07/2017

 

The Defendant Nos. 2 and 3 submitted an application for purchasing the car in favour of the Applicant Bank

 

2.

01/08/2017

 

The applicant Bank sanctioned the said car loan in favour of the Defendant Nos. 2 and 3 and the Defendant Nos. 2 and 3 accepted the terms and conditions of the said sanction letter.

3.

04/08/2017

 

 

The Registering Authority of State Transport Department, Murshidabad RTO issued Certificate of Registration and hypothecated the Motor Vehicle in favour of the Applicant Bank.

 

4.

01/08/2017

 

The Defendant Nos. 2 and 3 executed Letter of Undertaking to deduct the EMI Loan in favour of the Applicant Bank.

 

5.

01/11/2017

 

The Defendant No. 2 submitted loan application for the purpose of construction of her house in favour of the Applicant Bank.

 

6.

18/11/2017

 

The Applicant Bank sanctioned the house building loan in favour of the Defendant No. 2.

 

7.

18/11/2017

 

The Defendant No. 2 executed loan documents in favour of the Applicant Bank.

 

8.

 

23/02/2018

 

The Defendant No. 2 extended of Equitable Mortgage by depositing original Title Deed being Deed No. I-2179 for the year, 2000 in favour of the Applicant Bank.

 

9.

 

01/08/2018

 

The Applicant Bank sanctioned cash credit loan of Rs. 40,00,000/- only in favour of the Defendant Nos. 2 and 3 as a partners of the Defendant No. 1 accepted the terms and conditions of the said Sanction letter.

 

 

10.

 

01/08/2018

 

The Defendant Nos. 2 and 3 as a partners of the Defendant No. 1 executed several loan documents in favour of the Applicant Bank.

 

11.

01/08/2018

 

The Defendant Nos. 2 and 3 executed Guarantee Agreement in favour of the Applicant Bank

 

12.

 

04/05/2020

 

The Defendant No. 1 through the partners Defendant No. 2 and 3 submitted an application in favour of the Applicant Bank and the applicant Bank sanctioned PNB COVID-19 loan of Rs. 4,00,000/- only in favour of the Defendant No. 1 through the partners Defendant Nos. 2 and 3 accepted the terms and conditions of the said sanction letter.

 

13.

 

04/05/2020

 

The Defendant No. 1 through the partners Defendant Nos. 2 and 3 executed several loan documents in favour of the Applicant Bank.

 

14.

 

02/07/2021

 

That the Applicant Bank issued Demand Notice under Section 13(2) of the SARFAESI Act, 2002.

 

15.

 

11/03/2023

 

The Applicant Bank valued the Mortgage property created by the Defendant No. 2.

 

16.

 

30/11/2023

 

Rs.95,63,554.87 (Rupees Ninety-five lakhs Sixty-three thousand Five hundred Fifty-four and paisa eighty seven) only (out of which a sum of Rs.4,98,318/- only in Car loan Account being account No. 0822300036944, Rs.22,74,095.87/- only in Term Loan Account under Housing Loan Scheme being Account No. 0700306734640, Rs.62,62,981/- only in Cash Credit Loan Account being Account No. 0700250032294 and Rs.5,28,160/- only in GECL Loan Account being Account No. 0700306740359).

 

17.

 

01/12/2023

The Applicant is entitled to get pendent-lite and future interest at the contractual rate till realization of the entire amount.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

O.A. No........ of 2023

 

    PUNJAB NATIONAL BANK

(Erstwhile United Bank of India)

…....APPLICANT

-VS-

M/S.H.M.ENTERPRISE AND OTHERS

…...DEFENDANT

 

I N D E X

 

 

 

 

SL NO

 

 

DOCUMENTS

 

 

ANNEXURES

 

 

PAGE NO

 

1.

Application Under Section 19 and Evidence-In-Chief

 

1-43

 

2.

Copy of Loan application dated 31/07/2017.

"A"

 

44-49

 

3.

Copy of Sanctioned Letter under Car loan dated 01/08/2017

"B"

 

50-51

 

4.

Copy of quotation issued by the Beekay Auto Pvt. Ltd. dated 25/07/2017

 

 

"C"

 

52-58

 

5.

Copy of Certificate Of Registration issued by State Transport Department Murshidabad RTO dated 04/08/2017.

 

"D"

 

59-60

 

6.

Copy of letter of Undertaking to deduct EMI of Loan dated 01/08/2017.

 

"E"

 

61

7.

 

Copy of Loan application under housing loan scheme dated 01/11/2017.

 

"F"

 

62-65

8.

 

Copy of Sanctioned Letter under Housing  loan Scheme dated 18/11/2017

"G"

 

66-68

 

9.

 

Copy of standing instruction to deduct EMI submitted by the Defendant No. 2 dated 18/11/2017.

 

"H"

 

69

 

10.

 

Copy of Letter from borrower for Disbursement of loan executed by the Defendant No. 2 dated 18/11/2017.

 

 

"I"

 

70

 

11.

 

Copy of Letter of Lien dated 18/11/2017.

 

 

"J"

 

71-73

12.

 

Copy of Demand Promissory Note dated 18/11/2017.

 

"K"

 

74

 

13.

 

Copy of Consent Clause to be taken from the borrower dated 18/11/2017.

 

"L"

 

75

 

14.

 

Copy of Power of Attorney dated 18/11/2017.

 

 

"M"

 

 

76-79

 

15.

 

Copy of Undertaking Cum Declaration executed by the Defendant No. 2 dated 18/11/2017.

 

"N"

 

80-82

 

16.

 

Copy of Agreement under United Housing loan Scheme dated 18/11/2017.

"0"

 

83-89

 

17.

 

Copy of Title Deed being Deed No. 2179 for the year 2000 along with translation copy of Title Deed.

 

"P TO P/1"

 

90-98

 

18.

 

Copy of L.R. Khatian being No. 2417 dated 30/12/2009 along with translation copy

 

"Q TO Q/1"

 

99-100

 

19.

 

Copy of Extension of Equitable Mortgage dated 23/02/2018.

 

"R"

 

101

 

20.

 

Copy of Specimen entry in the Title Deed register relating to mortgage by deposit of Title Deed dated 27/03/2018.

 

 

"S"

 

102

 

21.

 

Copy of sanction letter under Cash Credit loan scheme dated 01/08/2018.

 

"T"

 

103-107

 

22.

 

Copy of Certificate of Enrolment dated 14/07/2018.

 

"T/1"

 

108-109

 

23.

 

Copy of Demand Promissory Note dated 01/08/2018.

 

"U"

 

110

 

24.

 

Copy of Letter of Lien dated 01/08/2018.

 

"V"

 

111-112

25.

 

Copy of Hypothecation Agreement dated 01/08/2018.

 

"W"

 

113-122

 

26.

Copy of Power of Attorney dated 01/08/2018.

 

"X"

 

123-126

 

27.

Copy of Letter of Continuity dated 01/08/2018.

 

"Y"

 

127

 

28.

2 (two) Copies of Letter of Guarantee along with consent clause dated 01/08/2018.

 

"Z TO Z/1"

 

128-141

 

29.

Copy of loan application along with sanction letter under PNB COVID-19 Loan scheme dated 04/05/2020.

 

"AA"

 

142-149

 

30.

Copy of Demand Promissory Note dated 04/05/2020.

 

"AB"

 

150

 

31.

 

Copy of Agreement of Loan dated 04/05/2020.

 

"AC"

 

151-160

 

32.

 

Copy of Agreement/Undertaking to Mortgage executed by the Defendant Nos. 2 and 3 as a partners of Defendant No. 1 dated 04/05/2020.

 

 

"AD"

 

161-167

 

33.

 

Copy of Undertaking for COVID-19 loan executed by the Defendant Nos. 2 and 3 as a  partners of Defendant No. 1 dated 04/05/2020.

 

"AE"

 

168-169

 

34.

 

Copy of 13(2) Notices issued the Authorized Officer of the Applicant Bank dated 02/07/2021.

 

"AF"

 

170-172

 

35.

 

2 (two) Copies of Track Reports.

 

AG to "AG/1"

 

173-175

 

36.

 

Statement of Account of Car Loan being Account No. 0822300036944 with Banker's Certificate.

 

 

 

"AH"

 

176-180

 

37.

 

Statement of Account of Term Loan being Account No. 0700306734640 with Banker's Certificate.

 

 

"AH/1"

 

181-185

 

38.

 

Statement of Account of Cash Credit Loan being Account No.  0700250032294 with Banker's Certificate.

 

 

"AH/2"

 

186-192

 

39.

 

Statement of Account of GECL Loan being Account No. 0700306740359 with Banker's Certificate.

 

"AH/3"

 

193-197

 

40.

 

Copy of Valuation report dated 11/03/2023.

 

"AI"

 

198-210

 

 

APPLICATION UNDER SECTION 19 OF THE RECOVERY OF DEBTS AND BANKRUPTCY ACT, 1993 (AMENDMENT ACT,  2016).

FOR USE IN TRIBUNAL'S OFFICE:

DATE OF FILING:   /   /2023

REGISTRATION NO                    of 2023

.........REGISTRAR

 

IN THE DEBTS RECOVERY TRIBUNAL, SILIGURI

2ND. FLOOR, PCM TOWER, 2ND MILE, SEVOKE ROAD,

 SILIGURI-734-001, WEST BENGAL

Ο.Α. ΝΟ.         OF 2023

PUNJAB NATIONAL BANK.

(Erstwhile United Bank of India)

...APPLICANT

-VS-

M/S H.M.ENTERPRISE AND OTHERS

…..DEFENDANTS

 

 

ADVOCATE FOR THE APPLICANT BANK.

SRI PRABIR KUMAR SIKDAR,

"MATRIBHUMI",

20, PANCHANAN SARANI,

ASHRAMPARA, SILIGURI,

P.O. & P.S. SILIGURI,

DISTRICT DARJEELING,

PIN CODE-734-001.

Enrolment  No. WB-406 of 1982

Mob: 98325-06418.

 

 

 

 

 

IN THE DEBTS RECOVERY TRIBUNAL, SILIGURI

2ND. FLOOR, PCM TOWER, 2ND MILE, SEVOKE ROAD,

SILIGURI-734-001, WEST BENGAL

OA  NO.           OF 2023

  PUNJAB NATIONAL BANK.

(Erstwhile United Bank of India)

...APPLICANT

-VS-

M/S H.M.ENTERPRISE AND OTHERS

…..DEFENDANTS

 

 

CONSISE STATEMENT

 

         That a sum of Rs.95,63,554.87 (Rupees Ninety-five lakhs Sixty-three thousand Five hundred Fifty-four and paisa eighty seven) only (out of which a sum of Rs.4,98,318/- only in Car loan Scheme, Rs.22,74,095.87/- only in Term Loan Account, Rs.62,62,981/- only in Cash Credit Loan Account andRs.5,28,160/- only in GECL Loan Account) mention in the Application Plus further interest on and from 30/11/2023, costs and expenses being recovery of debts that has become due and payable by the Defendants to the Applicant. The defendants committed various breach of the terms and conditions upon which the facility was granted. And despite demand, the defendants have failed to repay the Applicant's due details whereof have been stated in the instant Application.

 

 

 

 

 

F O R M

(RULE-4)

APPLICATION UNDER SECTION 19 OF THE RECOVERY OF DEBTS AND BANKRUPTCY ACT, 1993 (AMENDMENT ACT, 2016),

 

FOR USE IN TRIBUNAL'S OFFICE:

DATE OF FILING:       /      /2023

 

REGISTRATION NO.............. of 2023

.........REGISTRAR

 

IN THE DEBTS RECOVERY TRIBUNAL, SILIGURI

2ND. FLOOR, PCM TOWER, 2ND MILE, SEVOKE ROAD,

SILIGURI-734-001, WEST BENGAL

B E T W E E N

 

       PUNJAB NATIONAL BANK (Erstwhile United Bank of India), a body Corporate, Constituted under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 having its Head office at Plot No- 4, Sector 10, Dwarka, New Delhi-110-075 having its branch Office at Nimtala Chunakhali Branch, P.O. and P.S. Berhampore, District Murshidabad and its Circle Office at Murshidabad Circle Office, 26/11, Sahid Surya Sen Road, P.S. Berhampore, District-Murshidabad, Pin Code-742-101.

….....APPLICANT

 

          -VERSUS-

                  1) M/S.H.M.ENTERPRISE, a Partnership Firm having its office at Vill. Ustia, Dharapara, Post Office Muktinagar, Police Station Berhampore, District Murshidabad, Pin Code -742-102.

               2) MRS. HASNA BEWA, Wife of Late Janaruddin Sk, Partners of M/S.H.M. Enterprise, Muslim by religion, Business by occupation, residing at Vill. Ustia, Post Office  Muktinagar, Police Station Berhampore, District Murshidabad, Pin Code -742-102.

               3) MR. MEHBUB SK, Son of Late Janaruddin Sk, Partners of M/S. H.M. Enterprise, Muslim by religion, Business by occupation, residing at Vill. Ustia, Post Office  Muktinagar, Police Station Berhampore, District Murshidabad, Pin Code-742-102.

 

……..DEFENDANTS

 

 

APPLICATION FOR RECOVERY OF MONEY LENT AND ADVANCE WITH INTEREST VALUED AT Rs.95.63,554.87AND FOR OTHER RELIEFS.

Date of Application: __/__/2023.

1. Particulars of the Applicant:

     i.        Name of the Applicant                         : Punjab National Bank.

 

 

   ii.        Address of Registered/

Head Office                                           : Plot No 4, Sector 10, Dwarka, New Delhi - 110075

 

 iii.        Address for service of all notice            :

 a) Chief Manager, Circle SASTRA Murshidabad, Circle Office at Murshidabad Circle Office, 26/11, Sahid Surya Sen Road, P.S. Berhampore,     District Murshidabad, Pin Code-742-101.

b)  Sri Prabir Kumar Sikdar, Advocate, 20 Panchanan Sarani, "MATRIBHUMI", Ashrampara, P.O. and P.S. Siliguri, District  Darjeeling, Pin Code -734-001.

 

2. PARTICULARS OF THE DEFENDANTS:

 

i. Name of the defendants              :                1) M/S H.M. Enterprise.

                                                 2) Mrs. Hasna Bewa.

                                                                       3) Mr. Mehbub sk.

ii. Office address of

     the defendant No. 1.                :

 M/S.H.M.ENTERPRISE,     a Partnership Firm having its office at Vill. Ustia, Dharapara, Post Office Muktinagar, Police Station Berhampore, District Murshidabad, Pin Code - 742-102.

 

iii) Residential address of

      the defendants No. 2.            :

 MRS. HASNA BEWA, Wife of Late Janaruddin Sk, Partners of M/S.H.M. Enterprise, of Vill. Ustia,Post Office Muktinagar, Police Station Berhampore, District Murshidabad, Pin Code-742-102.

 

iv) Residential address of

   the defendants No. 3.               :

MR. MEHBUB SK, Son of Late Janaruddin Sk., Partners of M/S. H.M. Enterprise, of Vill. Ustia, Post Office Muktinagar, Police Station Berhampore, District Murshidabad, Pin Code-742-102.

 

 

v) Address for service of

    Notice upon the defendants .          :             As above.

 

3. JURISDICTION OF THE TRIBUNAL :

            The claim of the Applicant is more than Rs. 20.00 lacs. The agreements were entered into, credit facilities were sanctioned, account opened and operated, the defendants executed documents, committed default, the Applicant issued demand letters, the defendants committed breach of the agreed terms and conditions all at Punjab National Bank, Nimtala Chunakhali Branch, P.O. and P.S. Berhampore, District Murshidabad and as such all the cause of action arose within the jurisdiction of the Learned Tribunal which is, therefore, entitled to entertain, try and determine this application.

3A. DETAILS OF DEBT AND ASSETS:

i) Total amount of debt claimed as on the date  to be specified

 

Rs.95,63,554.87 (Rupees Ninety-five lakhs Sixty-three thousand Five hundred Fifty-four and paisa eighty seven) only (out of which a sum of Rs.4,98,318/-only in Car loan Scheme, Rs.22,74,095.87 /- only in Term / only in Term Loan Account, Rs.62,62,981/- only in Cash Credit Loan  Account and Rs.5,28,160/- only in GECL Loan Account) as on 30/11/2023

 

Rs.95,63,554.87 (Rupees Ninety-five lakhs Sixty-three thousand Five hundred Fifty-four and paisa eighty seven) only (out of which a sum of Rs.4,98,318/-only in Car loan Scheme, Rs.22,74,095.87 /- only in Term / only in Term Loan Account, Rs.62,62,981/- only in Cash Credit Loan  Account and Rs.5,28,160/- only in GECL Loan Account) as on 30/11/2023

 

Rs.95,63,554.87 (Rupees Ninety-five lakhs Sixty-three thousand Five hundred Fifty-four and paisa eighty seven) only (out of which a sum of Rs.4,98,318/-only in Car loan Scheme, Rs.22,74,095.87 /- only in Term / only in Term Loan Account, Rs.62,62,981/- only in Cash Credit Loan Account and Rs.5,28,160/- only in GECL Loan Account) as on 30/11/2023

 

ii)Amount of Debt as on specified date, secured by security interest over properties or Assets of the defendant with particulars properties and Assets

 

Rs.95,63,554.87 (Rupees Ninety-five lakhs Sixty-three thousand Five hundred Fifty-four and paisa eighty seven) only (out of which a sum of Rs.4,98,318/-only in Car loan scheme,

Rs.22,74,095.87 /-only in Term Loan Account, Rs.62,62,981/-only in Cash Credit Loan Account and Rs.5,28,160/-only in GECL Loan Account) as on 30/11/2023

 

Rs.95,63,554.87 (Rupees Ninety-five lakhs Sixty-three thousand Five hundred Fifty-four and paisa eighty seven) only (out of which a sum of Rs.4,98,318/-only in Car loan scheme,

Rs.22,74,095.87 /-only in Term Loan Account, Rs.62,62,981/-only in Cash Credit Loan Account and Rs.5,28,160/-only in GECL Loan Account) as on 30/11/2023

 

(Hypothecated goods)

 

ALL THAT stocks of all tangible moveable property such as stocks of Paddy, Jute and seasonal crops, stock in trade and goods of the borrower which now or hereafter from time to time during the security shall be brought in stored or be in

or about the premises or godown of the borrower at Vill. Ustia, Dharapara, Post Office Muktinagar, Police Station Berhampore, District Murshidabad, Pin Code-742-102.

 

IMMOVABLE PROPERTY OF THE DEFENDANT No. 2

 

Deed No. I-2179/2000

 

ALL THAT PIECE OR PARCEL OF land measuring 3.50 Decimal together with two storied residential building with brick wall and RCC roofed standing on the land situated at Mouza Janmahammadpur, J.L. No. 112, Khatian No. 2417 (L.R.), Plot No. 2503 (L.R.), P.O. Muktinagar, P.S. Berhampore Town, District Murshidabad. The said land and building is butted and bounded as follows:-

NORTH-Kutcha Road, SOUTH- House of Rasimuddin Mondal, EAST House of Morjina Bibi, West-Bapi Sk.

 

 

iii) Estimated value of the properties and Assets

over which security interest is created

Rs.28,83,600/-(Rupees twenty eight lakhs and eighty three thousand and Six Hundred) only as on 11/03/2023

 

 

 

Rs.28,83,600/-(Rupees twenty eight lakhs and eighty three thousand and Six Hundred) only as on 11/03/2023

 

 

 

Rs.28,83,600/-(Rupees twenty eight lakhs and eighty three thousand and Six Hundred) only as on 11/03/2023

 

 

 

 

iv) If estimated value is not adequate to cover the total Debt claim with future interest particulars of any other properties or Assets known to the applicant with estimated value of such other properties or Assets

 

Not Applicable

 

Not Applicable

 

Not Applicable

 

v) Amount of unsecured Debt or portion of Debt not covered by estimated value of secured properties and other properties

Unsecured amount of Rs. 66,79,954.87 ( Rupees Sixty six lakhs seventy nine thousand nine hundred fifty four and paisa eighty seven) only

Unsecured amount of Rs. 66,79,954.87 ( Rupees Sixty six lakhs seventy nine thousand nine hundred fifty four and paisa eighty seven) only

Unsecured amount of Rs. 66,79,954.87 ( Rupees Sixty six lakhs seventy nine thousand nine hundred fifty four and paisa eighty seven) only

 

4. LIMITATION:

         The Applicant further declares that this application is filed within the period of limitation prescribed in Section 24 of the Recovery of Debts due and Bankruptcy Act, 1993 for the reasons, inter-alia, that the defendants executed several documents firstly on 01/08/2017 when the Applicant Bank sanctioned car loan upto the limit of Rs.6,01,000/- only in favour of the Defendant Nos. 2 and 3, thereafter on 18/11/2017 when the Applicant Bank sanctioned house building loan upto the limit of Rs.18,00,000/- only in favour of the Defendants, on 01/08/2018 when the Applicant Bank sanctioned Cash Credit loan upto the limit of Rs.40,00,000/- only in favour of the Defendant No. 1 for the purpose of business of stock of paddy, jute and seasonal crops and thereafter on 01/08/2018 when the Defendants executed several documents in favour of the Applicant Bank and lastly on 04/05/2020 the Defendant applied for loan under PNB COVID-19 Scheme for sum of Rs. 4,00,000/- only for working capital and the Applicant Bank has accorded sanction the said PNB Covid-19 loan on 04/05/2020 in favour of the Defendants. The Defendant No. 2 as the mortgagor of the landed property on 12/04/2017 has extended the Equitable Mortgage in favour of the Applicant Bank and moreover the Defendants lastly on 25/11/2021 has deposited a sum of Rs.20,000/- only in cash in their aforesaid Car Loan Account being No. 0822300036944 and the Defendants also lastly on 07/08/2020 has deposited a sum of Rs.4,50,000/- only in their cash credit loan account being No.0700250032294and as such the limitation for filing this OA will be counted Under Article 62 of the Limitation Act, 1963 i.e. twelve years and the instant OA is filed within the period of limitation.

 

5. FACTS OF THE CASE:

 

I.        The Applicant Bank is a Body Corporate, Constituted under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 having its Head office at Plot No- 4, Sector 10, Dwarka, New Delhi-110075 having its Circle Office at Murshidabad Circle Office, 26/11, Sahid Surya Sen Road, P.S. Berhampore, District- Murshidabad, Pin Code-742-101.

 

II.        At all material times the defendant No. 1 is a Partnership Firm carrying on Business of stocks of Paddy, Jute and seasonal crops under the name and style of M/S.H.M.Enterprise and the Defendant Nos.2 and 3 are the partners and personal guarantors for the Defendant No. 1 and the Defendant No. 2 has created Equitable Mortgage of her landed property by depositing the Original Title Deed with the Applicant Bank.

 

III.         That the defendant Nos. 2 and 3 on 31/07/2017 submitted an application for Purchasing one Car with the erstwhile United Bank of India in writing in the prescribe from of the Applicant Bank. The copy of the said loan application for purchasing car is annexed herewith and marked as ANNEXURE-"A".

 

IV.         That thereafter the erstwhile the then Chief Manager of the Applicant Bank on 01/08/2017 accorded sanctioned a sum of Rs.6,01,000/- only in favour of the Defendant Nos. 2 and 3 for the purpose of purchasing the car namely Swift Desire after verifying the business status of the Defendant Nos. 2 and 3 on condition that the interest shall be floating rate at MCLR BR +.25% i.e. 9% P.A. subject to change with revision of Bank's BR and also on condition the EMI of the said loan shall be Rs.9,670/- only per month and the Defendant Nos. 2 and 3 shall hypothecate the said car namely Swift Desire. The Defendant Nos. 2 and 3 has accepted the terms and condition of the said loan by putting their signatures on the said sanction letter. The copy of the said sanction letter dated 01/08/2017 along with business verification report are annexed herewith and marked as ANNEXURE- "B" COLLECTIVELY.

 

V.        That the Defendant Nos. 2 and 3 along with the said application for Car Loan has filed the quotation issued by the dealer Beekay Auto Pvt. Ltd. of Jalangi Road, Banjatia, Berhampore to the Applicant Bank. The copies of the said quotation are annexed herewith and collectively marked as ANNEXURE- "С".

 

VI.         That thereafter the Defendant No. 2 on 04/08/2017 submitted the copy of certificate of registration of the said motor car issued by the Registering Authority of State Transport Department, Murshidabad RTO with the Applicant Bank. The copy of the said Certificate of Registration is annexed herewith and marked as ANNEXURE- "D".

 

VII.         That the Defendant Nos. 2 and 3 on 01/08/2017 submitted one letter of undertaking to deduct EMI of the aforesaid car loan of Rs.9,670/- only from their Savings Account being No. 0700011284663 lying in the said branch. The copy of the said letter of undertaking to deduct EMI is annexed herewith and marked as ANNEXURE- "E”.

 

VIII.        That thereafter during the continuance of the said loan the Defendant No. 2 on 01/11/2017 applied for one housing loan in the prescribed form with the Applicant Bank for Rs.18,00,000/- (Rupees eighteen lakhs) only for the purpose of construction of house. The copy of the said loan application dated 01/11/2017 is annexed herewith and marked as ANNEXURE- "F".

 

IX.         That thereafter the Applicant Bank on 18/11/2017 has accorded sanctioned to the Defendant No. 2 upto the limit of Rs.18,00,000/- only for construction of house on condition that the interest shall be floating rate of interest at present 8.45% subject to change as per directive of the Reserve Bank of India and also on condition that the Defendant No. 2 shall pay EMI of Rs.17,260/- only and also on condition that the Defendant No. 2 shall create equitable mortgage of land and building of Mouza Janmahammadpur, Under Hatinagar Panchayat measuring 3.50 Decimals bearing Plot No. 2503, District Murshidabad. The Defendant No. 2 has accepted the terms and conditions of the said loan by putting his signature on the said sanction letter. The copy of the said sanction letter is annexed herewith and marked as ANNEXURE- "G”.

 

X.         That the Defendant No. 2 on 18/11/2017 has submitted on standing instruction to deduct EMI month by month from her Savings Bank account being Account No. 0700250030834 lying with the Applicant Bank. The copy of the said letter of standing instruction is annexed herewith and marked as ANNEXURE- "H".

 

XI.        That in order to availed the said Housing Loan the Defendant No. 2 on 18/11/2017 executed the following documents in favour of the Applicant Bank :-

a) One letter from borrower, the Defendant No. 2 for disbursement of Loan in Annexure- 23,

         b) One letter of Lien in Annexure- 26,

         c) One Demand Promissory Note for Rs.18,00,000/- only,

d) One Consent Clause to be taken from the borrower along with documents in Annexure-30(a).

e) One Power of Attorney (Authorizing the Bank to create Equitable   mortgage) in Annexure- 40

         f) One Undertaking-cum Declaration

        g) One Agreement under United Housing Loan Scheme in Annexure-18.

 

The Applicant Bank craves leave to refer the above documents which are annexed hereto in original at the time of filing evidence in chief and the copies thereof are filed herewith and marked as ANNEXURES- 'IT', "J", "K", "L", "М", "N" AND "O" RESPECTIVELY. The defendant No. 2 has executed and delivered the said documents at the said Branch of the Applicant in usual course of business.

XII.        That in terms of sanction of the aforesaid housing loan account the Defendant No. 2 in terms of sanction have created Equitable Mortgage on 18/11/2017with the Applicant Bank in respect of her landed property along with L.R. Khatian in respect of land measuring 3.50 Decimals situate at Mouza Janmohammedpur, Touzi No. 16, J.L. No. 112, appertaining to OLD Khatian No. 176 and 828, R.S. Khatian No. 360 corresponding to LR Khatian No. 2417, bearing L.R. Plot No. 2503, P.S. Berhampur town, District Murshidabad by virtue of a registered Deed of Sale registered on 14/03/2000 in the Additional District Sub-Registry Office at Sadar District Murshidabad Recorded in Book No. I, Volume No. 32, Pages from 51 to 55, being Deed No. 2179 for the year, 2000 executed by Md. Rashmuddin Mandal, Son of Late Khosmuddin Mandal of Ustia, P.S. Berhampur, District Murshidabad. The copies of the said Title Deed, Translation copy of the Title Deed and copy of L.R. Khatian with Translation copy are annexed herewith and marked as ANNEXURES - "P TO P/1" AND "Q TO Q/1" RESPECTIVELY.

 

XIII.         That the Defendant No. 2 on 23/02/2018 executed one Extension of Equitable Mortgage in annexure- 43 in favour of the Applicant Bank. The copy of the said Extension of Equitable Mortgaged is annexed herewith and marked as ANNEXURE- "R".

 

XIV.         That the Applicant Bank on 27/03/2018 in form No. D-17 C recorded in the entry of the Title Deed in the register relating to mortgage by depositing the Title Deed by the Defendant. The copy of the said specimen entry in the Title Deed register relating to mortgage by depositing the Title Deed by the Defendant No. 2 is annexed herewith and marked as ANNEXURE- "S".

 

XV.         That during the continuance of the aforesaid two loan accounts, the Defendant No. 1 through its Partners the Defendant Nos. 2 and 3 applied for Cash Credit Loan for the purpose of their business of Stock of Paddy Jute and Seasonal Crops with the Applicant Bank and accordingly the Applicant Bank on 01/08/2018 accorded sanctioned a sum of Rs.40,00,000/- (Rupees forty lakhs) only in favour of the Defendant No. 1 of which the Defendant Nos. 2 and 3 are partners on condition that the rate of interest of the aforesaid loan shall be MCLR-Y+2.75% as applicable of UBICR-3 presently 11.60% P.A. with monthly rest. The Defendants have accepted the terms and conditions of the said loan and put their signatures on the said sanction letter with rubber stamp. The copy of the said sanction letter dated 01/08/2018 and Certificate of Enrollment of the Defendant No. 1 firm dated 14/07/2018 are annexed herewith and marked as ANNEXURES- "T" AND "T/I".

 

XVI.         That in order to availed the said Cash Credit loan facility the Defendants on 01/08/2018 executed the following documents in favour of the Applicant Bank:-

             a) Demand Promissory Noted for Rs. 40,00,000/- only.

             b) Letter of Lien in form No. B-4,

             c) Hypothecation Agreement

             d) Power of Attorney

             e) Letter of Continuity with Consent Clause in form No. D-3,

 

              The Applicant Bank craves leave to refer the above documents which are annexed hereto in original at the time of filing evidence in chief and the copies thereof are filed herewith and marked as ANNEXURES- 'U', "V", "W", "X" AND "Y" RESPECTIVELY. The defendants has executed and delivered the said documents at the said Branch of the Applicant in usual course of business.

XVII.         That the Defendant Nos. 2 and 3 on 01/08/2018 in terms of sanctioned of the aforesaid Cash Credit loan account have stood as Guarantors for the Defendant No. 1 and they are executed two separate letter of guarantee in from No. D-21 in favour of the Applicant Bank for the Defendant No.1. The copies of the said Guarantee Agreements are annexed herewith and marked as ANNEXURES- "Z" AND "Z/1" RESPECTIVELY.

 

XVIII.         That during the pendency of aforesaid loan accounts the Defendant No. 1 through its partners Defendant Nos. 2 and 3 on 04/05/2020 applied for loan under PNB Covid-19 for Rs.4,00,000/- only for working Capital in the prescribed format bearing the signature of the Defendant Nos. 2 and 3. The Senior Manager of the Applicant Bank accorded sanction of the said loan of Rs.4,00,000/- only in favour of the Defendant No. 1. The copy of the said loan application along with Sanction order dated 04/05/2020 under PNB COVID-19 is annexed herewith and marked as ANNEXURE-AA".

 

XIX.        That the Defendant Nos. 2 and 3 for self and on behalf of Defendant No. 1 on 04/05/2020 executed following documents in favour of the Applicant Bank:-

             a) One Demand Promissory Note for Rs. 4,00,000/-only,

             b) Agreement for loan of Cash Credit Limit for Rs.4,00,000/- only.

              c) Agreement/Undertaking to Rs.4,00,000/- only. mortgage for Covid-19 Loan of

              d) Letter of Undertaking for COVID-19-EMERGENCY credit facility by way of standby line of credit for Rs.4,00,000/- only.

                  The Applicant Bank craves leave to refer the above documents which are annexed hereto in original at the time of filing evidence in chief and the copies thereof are filed herewith and marked as ANNEXURES- 'AB', "AC", "AD" AND "AE" RESPECTIVELY. The defendant Nos. 2 and 3 have executed and delivered the said documents at the said Branch of the Applicant in usual course of business.

XX. After completion of the aforesaid Banking formalities, the Applicant Bank allowed the defendant No. 1 through the Defendant Nos. 2 and 3 to avail of the aforesaid four separate loan accounts facilities and accordingly the said defendant No. 1 through the Defendant Nos. 2 and 3 as Partners started to avail the said loan facilities by opening four separate loan accounts Car Loan Account being Account No. 0822300036944, House Building Loan Account being Account No. 0700306734640, Cash Credit Loan Account being account No. 0700250032294, and GECL COVID-19 loan Account being Account No. 0700306740359 maintain at Nimtala Chunakhali Branch at Murshidabad.

XXI.     That on request of the Defendant Nos. 2 and 3 above named the aforesaid four loan accounts as stated herein above sanctioned from time to time was granted in the name of Partners of the Defendant No. 1 and the aforesaid mortgaged property and the Hypothecated Goods of the Business of the entire Loan accounts.

 

XXII.    At all material times, the Applicant Bank maintained the said loan Accounts of the defendant No. 1 of all dealing and transactions between the Applicant Bank and the defendant No. 1 wherein the Applicant Bank debited the defendant No. 1 with all sums of money paid to the defendant No. 1 by the Applicant Bank and credited the defendant No.1 with all sums of money paid by the defendant No. 1 to the Applicant Bank. At all material times the Applicant Bank maintained the said loan accounts according to English Calendar year.

 

XXIII.  That thereafter the Authorized Officer of the Applicant Bank on 02/07/2021 issued three separate notices Under Section 13(2) of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 upon the defendants by Registered Post wherein the authorized Officer requested the defendants to discharge in full liabilities within a period of 60 (sixty) days from the date of receipt of the said demand notices. But inspite of receipt of the said notices the defendants did not comply the same. The copies of the said demand notices dated 02/07/2021 and track reports are annexed herewith and marked as ANNEXURES- "AF" AND "AG TO AG/1" RESPECTIVELY.

 

XXIV.  In the premises there has now become due and payable by the defendants to the Applicant Bank a sum of Rs.95,63,554.87 (Rupees Ninety-five lakhs Sixty-three thousand Five hundred Fifty-four and paisa eighty seven) only (out of which a sum of Rs.4,98,318/- only in Car loan Account being account No. 0822300036944, Rs.22,74,095.87/- only in Term Loan Account under Housing Loan Scheme being Account No. 0700306734640, Rs.62,62,981/- only in Cash Credit Loan Account being Account No. 0700250032294 and Rs.5,28,160/- only in GECL Loan Account being Account No. 0700306740359) with interest calculated upto 30/11/2023 and further interest on and from 01/12/2023 till realization.

The applicant Bank relies on the true extract copies of the statement of accounts in the books of account maintained at its Siliguri Branch which have been duly certified under Bankers' Books of Evidence Act. The statement of account of four separate loan accounts Car Loan, House building Loan, Cash Credit and GECL Loan accounts are annexed and marked as ANNEXURES-"AH", "АН/1", "АН/2" AND "AH/3" RESPECTIVELY.

 

XXV.   That the Defendants lastly on 25/11/2021 has deposited a sum of Rs.20,000/- only in cash in their aforesaid Car Loan Account being No. 0822300036944 and the Defendants also lastly on 07/08/2020 has deposited a sum of Rs.4,50,000/- only in their cash credit loan account being No. 0700250032294.

 

XXVI.  That the Applicant Bank has annexed the copy of valuation report dated 11/03/2023 obtained from the Registered valuer in respect of the Mortgaged property. The copies of the said valuation Report is annexed herewith and marked as ANNEXURE -"AI".

 

XXVII.                 The defendants are thus liable to pay the Applicant Bank the said sum of Rs.95,63,554.87 (Rupees Ninety-five lakhs Sixty-three thousand Five hundred Fifty-four and paisa eighty seven) only (out of which a sum of Rs.4,98,318/- only in Car loan Account being account No. 0822300036944, Rs.22,74,095.87/- only in Term Loan Account under Housing Loan Scheme being Account No. 0700306734640, Rs.62,62,981/- only in Cash Credit Loan Account being Account No. 0700250032294 and Rs.5,28,160/- only in GECL Loan Account being Account No. 0700306740359) mention in the Application Plus further interest on and from 01/12/2023. The Applicant Bank is, therefore, entitled to a certificate to recover the sum of Rs.95,63,554.87 (Rupees Ninety-five lakhs Sixty-three thousand Five hundred Fifty-four and paisa eighty seven) only (out of which a sum of Rs.4,98,318/-only in Car loan Account being account No. 0822300036944, Rs.22,74,095.87/- only in Term Loan Account under Housing Loan Scheme being Account No. 0700306734640, Rs.62,62,981/- only in Cash Credit Loan Account being Account No. 0700250032294 and Rs.5,28,160/- only in GECL Loan Account being Account No. 0700306740359) mention in the Application Plus further interest on and from 01/12/2023 from the defendants and further interest.

 

XXVIII.              In order to secure the credit facilities sanctioned to defendant No.1 of which the said Defendant Nos. 2 and 3 are partners and the Defendant Nos. 2 also Extended the Equitable Mortgage over the immovable property by depositing the original Title Deed in respect thereof. The detail of the title Deed of the immovable property is more fully described in schedule "Y" herein below. The Applicant Bank craves leave to refer to and rely on the said title Deed at the time of filing evidence on affidavit.

 

XXIX. That the Applicant Bank craves leave of this Hon'ble Tribunal to file Additional Documents, Plaints, Applications, Statements of Accounts etc. during the proceeding of this case or at the time of filing Evidence on Affidavit or at the time of hearing, for the proper adjudication of the case and for the interest of the Justice.

 

XXX.    The applicant Bank is entitled to the following declarations :-

               a) That the Assets hypothecated to the Applicant Bank is more fully described in Schedule - "X" hereof remain so hypothecated and charged to the Applicant Bank.

               b) That the immovable Properties fully mentioned in schedule "Y" is mortgaged to the Applicant Bank.

 XXXI. That the cause of action for this case firstly arose on 01/08/2017 when the Defendant No.2 applied for car loan in favour of the Applicant Bank, on 01/08/2017 when the Applicant Bank sanctioned the car loan in favour of the Defendant Nos. 2 and 3, on 01/08/2017 when the Defendant Nos. 2 and for self and on behalf of the Defendant No. 1 executed the loan documents in favour of the Applicant Bank, on 18/11/2017 when the Defendant No. 2 applied for house building loan and the Applicant Bank on 18/11/2017 sanctioned the said House Building Loan, on 18/11/2017 when the Defendant No. 2 executed the loan documents for housing loan, on 23/02/2018 when the Defendant No. 2 executed the Extension of Equitable Mortgaged, on 01/08/2018 when the Applicant Bank sanctioned cash Credit Loan in favour of the Defendants, on 01/08/2018 when the Defendant No. 2 executed the Extension of Equitable Mortgage in favour of the Applicant Bank, on 01/08/2018 when the Defendants executed the loan documents in favour of the Applicant Bank, on 04/05/2020 when the Defendants applied for loan under COVID-19 Emergency Credit Facility, on 04/05/2020 when the Applicant Bank sanctioned the COVID-19 Emergency loan in favour of the Defendants, on 04/05/2020 when the Defendants executed loan documents in favour of the Applicant Bank, on 02/07/2021 when the Applicant Bank issued Demand Notices upon the Defendants Under Section 13(2) of the SARFAESI Act, 2002, on 25/11/2021 when the Defendants have deposited a sum of Rs.20,000/- only in cash in their aforesaid Car Loan Account being No. 0822300036944 and the Defendants also lastly on 07/08/2020 has deposited a sum of Rs. 4,50,000/- only in their cash credit loan account being No. 0700250032294 and the said cause of action arose at Applicant's Murshidabad Circle Office, 26/11, Sahid Surya Sen Road, P.S. Berhampore, District- Murshidabad, Pin Code-742-101 where the Applicant Bank carries on business, the defendant executed the documents and where the defendant is liable to pay his debts to the Applicant Bank.

XXXII.   The Applicant Bank declares that this application is made bonafide and in the interest of justice.

6. RELIEF SOUGHT:

In view of the facts and ground mentioned in Paragraphs 5 above, the Applicant prays for the following reliefs :-

a)    A certificate be passed for recoveryRs.95,63,554.87 (Rupees Ninety-five lakhs Sixty-three thousand Five hundred Fifty-four and paisa eighty seven) only (out of which a sum of Rs.4,98,318/- only in Car loan Scheme, Rs.22,74,095.87/- only in Term Loan Account, Rs.62,62,981/- only in Cash Credit Loan Account and Rs.5,28,160/- only in GECL Loan Account) mention in the Application Plus further interest on and from 01/12/2023 only against the defendants either jointly and severally with further interest at the rate of 7.60% per annum with monthly rests in respect of Car Loan account, 7.10% per annum with monthly rests in respect of House Building Loan account, 11.40%per annum with monthly rest in respect of Cash Credit Loan Account and10.10%per annum with monthly rests in respect of GECL Loan account from 01/12/2023 till realization.

 

b)    Order for return of the Court Fee deposited by the Applicant Bank if the Defendants repay the entire outstanding dues in the loan accounts.

 

     c) Declaration that:

                                                  i.        the Assets hypothecated to the Applicant Bank as more fully described in Schedule "X" remains so hypothecated and charged to the Applicant Bank.

 

                                                ii.        the immovable properties in the Schedule "Y" remain charged and/or mortgaged to the applicant Bank as first and paramount charge.

 

 

d.   Leave to sell the above properties and to appropriate the proceeds thereof.

 

e.    The costs of and incidental to this proceedings already incurred or to be incurred herein be awarded in favour of the Applicant Bank against all the Defendants either jointly and severally.

 

f.     Further or other direction be given as this Learned Tribunal may think fit to meet the ends of justice.

 

7. INTERIM ORDER PRAYED FOR:

 

Pending final decision on the application, the Applicant Bank seeks issue of the following interim order :- 

            a)  A Receiver be appointed to make inventory of the hypothecated assets detailed in Schedule "X" hereof. The said Receiver be directed to take over possession and custody of the hypothecated assets of the defendant No. 1 and sell the assets with the leave of the Learned Tribunal.

 

       b) The defendants and/or their agents or employees be restrained by an order assets and properties mentioned in Schedules "X" and "Y", of injunction from alienating or parting with or disposing of or encumbering the

 

      c) An order of attachment before judgment be issued against the hypothecated judgment. assets and Mortgaged property and the attached assets and properties be sold before

 

      d) The defendants be directed to disclose to the Ld. Tribunal particulars of other properties or Assets owned by the defendants on Affidavit.

 

      e) On the basis of the acknowledgement of demand notices by the defendants, an interim certificate of Rs.95,63,554.87 (Rupees Ninety-five lakhs Sixty-three thousand Five hundred Fifty-four and paisa eighty seven) only (out of which a sum of Rs.4,98,318/- only in Car loan Scheme, Rs.22,74,095.87/- only in Term Loan Account, Rs.62,62,981/- only in Cash Credit Loan Account and Rs.5,28,160/- only in GECL Loan Account) may be passed by the Hon'ble Tribunal against the defendants and the rest of the Applicant's claim against the defendants be determined after trial.

 

       f)The defendants and/or their servants and/or employees or agents or attorneys be restrained by an order of injunction from alienating or selling or parting with or encumbering the immovable property of the defendant No. 2 mentioned in Schedule "Y" hereof.

 

        g) That the Applicant Bank crave leave to amend the petition as and when required after filing the written statement by the Defendants and also craves leave to file supplemental evidence on affidavit after filing the written statements by the Defendants.

 

       h) Such further order or orders and/or direction or directions be passed as may be deemed fit and proper for interest of justice.

 

8. MATTER NOT PENDING WITH ANY COURT ETC.

 

The Applicant further declares that the matter regarding which this application has been made for recovery of debts is not pending before any Court of law or any other authority or any other Bench of the Tribunal.

 

9. PARTICULARS OF BANK DRAFT/POSTAL ORDER IN RESPECT OF The APPLICATION FEE :

 

              i) Name of the Bank on which drawn -     :

 

               ii) Name of the Branch.                             :

 

             iii) Transaction Id No.                    :  dated                  Of Rs.

                                       

 

 

10. DETAIL OF DOCUMENTS:

 

 True copies of all documents and evidence of witnesses along with and index of such documents in duplicate relied upon in support of the claim.

 

11. LIST OF ENCLOSURES:

 

  A list of enclosures of this application is annexed hereto.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

                 

 

 

 

 

 

 

 

 

 

 

 

 

VERIFICATION

 

        I, HIMANSHU KUMAR SAHA, aged about 52 years, Son of late Tapan Kumar Saha, Hindu by religion, service by occupation at present working at Punjab National Bank as Chief Manager now posted at Circle SASTRA Murshidabad, Circle Office Murshidabad, 26/11, Sahid Surya Sen Road, P.S. Berhampore, Dist Murshidabad, Pin Code-742101 and holding a valid power of attorney from Central Bank Of India do hereby verify that the contained in paragraphs 1 to 3A and 5 and 8 are based on information derived from the records of the Applicant Bank which I believe to be true and I have no suppressed any material facts.

 

PLACE: Berhampore.

 

DATE: 12/12/2023.

 

SIGNATURE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

AFFIDAVIT

 

          I, HIMANSHU KUMAR SAHA, aged about 52 years, Son of late Tapan Kumar Saha, Hindu by religion, Service by Occupation, at present working at Punjab National Bank, as Chief Manager now posted at Circle SASTRA Murshidabad, Circle Office Murshidabad, 26/11, Sahid Surya Sen Road, P.S. Berhampore, District Murshidabad, Pin Code-742-101, do hereby solemnly affirm and declare as follows:

 

           1) That I am the Chief Manager of the Applicant Bank and I am well acquainted with the facts of the present case and I am authorized to swear this Affidavit.

 

……………..This is true to my knowledge.

 

        2)  That the statements made in Paras 1 to 3A, 5 and 8 above are true to my knowledge derived from the Bank's record and the rest are my submission and I sign this affidavit this the 12th day of December, 2023 at Berhampore.

 

 DECLARANT

                                                    IDENTIFIED BY ME

 

                                                  ADVOCATE: SILIGURI

 

                                                  Regn. No. WB/406/1982

 

 

 

 

 

 

 

 

 

To

 

The Registrar,

Debts Recovery Tribunal, Siliguri,

PCM Tower, 2nd, floor, 2nd mile,

Sevoke Road, Siliguri-734-001,

P.S. Bhaktinagar, District- Jalpaiguri

 

 

 

SCHEDULE - "Χ"

(Hypothecated goods)

 

       ALL THAT stocks of all tangible moveable property such as stocks of Paddy, Jute and seasonal crops, stock in trade and goods of the borrower which now or hereafter from time to time during the security shall be brought in stored or be in or about the premises or godown of the borrower at Vill. Ustia, Dharapara, Post Office Muktinagar, Police Station Berhampore, District Murshidabad, Pin Code-742-102.

 

SCHEDULE - "Y"

 

(IMMOVABLE PROPERTY OF THE DEFENDANT No. 2)

Deed No. I-2179/2000

 

             ALL THAT PIECE OR PARCEL of land measuring 3.50 Decimal together with two storied residential building with brick wall and RCC roofed standing on the land situated at Mouza Janmahammadpur, J.L. No. 112, Khatian No. 2417 (L.R.), Plot No. 2503 (L.R.), P.O. Muktinagar, P.S. Berhampore Town, District Murshidabad. The said land and building is butted and bounded as follows:-

NORTH- Kutcha Road

SOUTH - House of Rasimuddin Mondal,

EAST - House of Morjina Bibi,

West - Bapi Sk

 

 

(DESCRIPTION OF TITLE DEED OF DEFENDANT)

 

        Registered Deed of Sale registered on 14/03/2000in the Additional District Sub-Registry Office at Sadar District Murshidabad Recorded in Book No. I, Volume No. 32, Pages from 51 to 55, being Deed No. 2179 for the year, 2000 executed by Md. Rashmuddin Mandal, Son of Late Khosmuddin Mandal of Ustia, P.S. Berhampur, District Murshidabad.

 

 

 

 

 

 

 

 

Ο.Α. Νo..........of 2023

 

PUNJAB NATIONAL BANK

 

-VS-

 

M/S.H.M.ENTERPRISE AND OTHERS.

 

DOCUMENTS RELIED UPON

 

1) All documents annexed to the application Under Section 19 and marked as Annexure "A" to "AJ";

 

2) Application for Loan, Account opening form with specimen signature card;

 

3) Ledger, Account Statement, withdrawal slip and other documents pertaining to the operation of the Term Loan Account;

 

4) Documents for Extension of Equitable Mortgage;

 

5) Title Deed No. I-2179  for the year, 2000.

 

 

IN THE DEBTS RECOVERY TRIBUNAL, SILIGURI

2ND. FLOOR, PCM TOWER, 2ND MILE, SEVOKE ROAD,

SILIGURI-734-001, WEST BENGAL

 

Ο.Α. ΝΟ.            OF 2023

 

PUNJAB NATIONAL BANK.

(Erstwhile United Bank of India)

..................APPLICANT

-VS-

M/S H.M.ENTERPRISE AND OTHERS

……………DEFENDANTS

LIST OF DOCUMENTS FILED BY APPLICANT BANK

SL NO

 

DOCUMENTS

 

EXHIBITS

 

PAGE NO

 

1

Evidence-In-Chief.

 

 

34-43

2

Original copy of Loan application dated 31/07/2017.

 

“1”

49

3

Copy of Sanctioned Letter under Car loan dated 01/08/2017

 

“2”

50-51

4

Copy of quotation issued by the Beekay Auto Pvt. Ltd. dated 25/07/2017

 

“3”

52-58

5

Copy of Certificate Of Registration issued by State Transport Department Murshidabad RTO dated 04/08/2017.

 

“4”

59-60

6

Original copy of letter of Undertaking to deduct EMI of Loan dated 01/08/2017.

 

“5”

61

7

Original copy of Loan application under housing loan scheme dated 01/11/2017.

 

“6”

62-65

8

Copy of sanction letter under Housing Loan scheme dated 18/11/2017.

 

“7”

66-68

9

Original copy of standing instruction to deduct EMI submitted by the Defendant No. 2 dated 18/11/2017.

 

 

“8”

69

10

Original copy of Letter from borrower for Disbursement of loan executed by the Defendant No. 2 dated 18/11/2017.

 

“9”

70

11

Original copy of Letter of Lien dated 18/11/2017.

 

“10”

71-73

12

Original copy of Demand Promissory Note dated 18/11/2017.

“11”

74

13

Original copy of Consent Clause to be taken from the borrower dated 18/11/2017.

 

“12”

75

14

Original copy of Power of Attorney dated 18/11/2017.

“13”

76-79

15

Original copy of Undertaking Cum Declaration executed by the Defendant No. 2 dated 18/11/2017.

 

“14”

80-82

16

Original copy of Agreement under United Housing loan Scheme dated 18/11/2017.

 

“15”

83-89

17

Original copy of Title Deed being Deed No. 2179 for the year 2000 along with translation copy of Title Deed.

 

“16 TO 16/1”

90-98

18

Original copy of L.R. Khatian being No. 2417 dated 30/12/2009 along with translation copy.

 

“17 TO 17/1”

99-100

19

Original copy of Extension of Equitable Mortgage dated 23/02/2018.

 

“18”

101

20

Original copy of Specimen entry in the Title Deed register relating to mortgage by deposit of Title Deed dated 27/03/2018.

 

“19”

102

21

Copy of sanction letter under Cash Credit loan scheme dated 01/08/2018.

 

“20”

103-107

22

Copy of Certificate of Enrolment dated 14/07/2018.

 

“20/1”

108-109

23

Original copy of Demand Promissory Note dated 01/08/2018.

 

“21”

110

24

Original copy of Letter of Lien dated 01/08/2018.

 

“22”

111-112

25

 

Original copy of Hypothecation Agreement dated 01/08/2018.

 

 

“23”

113-122

26

Original copy of Power of Attorney dated 01/08/2018.

 

 

“24”

123-126

27

Original copy of Letter of Continuity dated 01/08/2018.

 

“25”

127

28

2 (two) Original copies of Letter of Guarantee along with consent clause dated 01/08/2018.

 

“26 TO 26/1”

128-141

29

Original copy of loan application along with sanction letter under PNB COVID-19 Loan scheme dated 04/05/2020.

 

 

“27”

142-149

30

Original copy of Demand Promissory Note dated 04/05/2020.

 

“28”

150

31

Original copy of Agreement of Loan dated 04/05/2020.

 

“29”

151-160

32

Original copy of Agreement/Undertaking to Mortgage executed by the Defendant Nos. 2 and of Original copy 3 as a partners of Defendant No. 1 dated 04/05/2020.

 

“30”

161-167

33

Original copy of Undertaking for COVID-19 loan executed by the Defendant Nos. 2 and 3 as a partners of Defendant No. 1 dated 04/05/2020.

 

 

“31”

168-169

34

Copy of 13(2) Notices issued the Authorized Officer of the Applicant Bank dated 02/07/2021.

“32”

170-172

35

2 (two) Copies of Track Reports.

 

“33 TO 33/1”

173-175

36

Statement of Account of Car Loan being Account No. 0822300036944 with Banker's Certificate.

 

“34”

176-180

37

Statement of Account of Term Loan being Account No. 0700306734640 with Banker's Certificate.

 

“34/1”

181-185

38

Statement of Account of Cash Credit No. with Banker's Loan being Account 0700250032294 Certificate.

 

 

“34/2”

186-192

39

Statement of Account of GECL Loan being Account No. 0700306740359 with Banker's Certificate.

 

 

“34/3”

193-197

40

Original copy of Valuation report dated 11/03/2023

 

“35”

198-210

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

IN THE DEBTS RECOVERY TRIBUNAL, SILIGURI

2ND. FLOOR, PCM TOWER, 2ND MILE, SEVOKE ROAD,

SILIGURI-734-001, WEST BENGAL

Ο.Α. ΝΟ.                     OF 2023

PUNJAB NATIONAL BANK.

(Erstwhile United Bank of India)

………...APPLICANT

-VS-

M/S H.M.ENTERPRISE AND OTHERS

……………DEFENDANTS

EVIDENCE ON AFFIDAVIT ON BEHALF OF THE APPLICANT BANK AS PW-1

 

                   I, HIMANSHU KUMAR SAHA, aged about 52 years, Son of late Tapan Kumar Saha, Hindu by religion, Service by Occupation, at present working at Punjab National Bank, as Chief Manager now posted at Circle SASTRA Murshidabad, Circle Office Murshidabad, 26/11, Sahid Surya Sen Road, P.S. Berhampore, District Murshidabad, Pin Code-742-101do hereby solemnly affirm and declare as follows:

 

                    1) That I am an employee of Punjab National Bank and thereafter on elevation of higher assignment and on transfer at various places presently I am working as the Chief Manager, Punjab National Bank, Circle SASTRA Murshidabad, Circle Office Murshidabad, 26/11, Sahid Surya Sen Road, P.S. Berhampore, District Murshidabad, Pin Code-742-101.

 

                      2) During my tenure of service as the Chief Manager I have made myself acquainted with the facts of the case filed by the Bank against M/S H.M.Enterprise and Others before the Ld. Debts Recover Tribunal at Siliguri for issuance of a certificate for a sum of Rs.95,63,554.87 (Rupees Ninety-five lakhs Sixty-three thousand Five hundred Fifty-four and paisa eighty seven) only (out of which a sum of Rs.4,98,318/- only in Car loan Scheme, Rs.22,74,095.87/- only in Term Loan Account, Rs.62,62,981/- only in Cash Credit Loan Account and Rs.5,28,160/- only in GECL Loan Account) with further interest on and from 01/12/2023 till realization. I am conversant with the facts of the case and I have every authority to depose on behalf of the Bank in the instant proceedings.

 

                      3) I say that at all material times the defendant No. 1 is a Partnership Firm carrying on Business of stocks of Paddy, Jute and seasonal crops under the name and style of M/S. H.M. Enterprise and the Defendant Nos.2 and 3 are the partners and personal guarantors for the Defendant No. 1 and the Defendant No. 2 has created Equitable Mortgage of her landed property by depositing the Original Title Deed with the Applicant Bank.

 

                    4) I further say that the defendant Nos. 2 and 3 on 31/07/2017 submitted an application for Purchasing one Car with the erstwhile United Bank of India in writing in the prescribe from of the Applicant Bank. This is the original copy of the said loan application dated 31/07/2017 duly signed by the Defendant Nos. 2 and 3. I know their signatures. The original copy of the said loan application for purchasing car is filed herewith and marked as EXHIBIT- "1".

 

                     5) I say that the then Chief Manager of the Applicant Bank on 01/08/2017 accorded sanctioned a sum of Rs.6,01,000/- only in favour of the Defendant Nos. 2 and 3 for the purpose of purchasing the car namely Swift Desire after verifying the business status of the Defendant Nos. 2 and 3 on condition that the interest shall be floating rate at MCLR BR +.25% i.e. 9% P.A. subject to change with revision of Bank's BR and also on condition the EMI of the said loan shall be Rs.9,670/- only per month and the Defendant Nos. 2 and 3 shall hypothecate the said car namely Swift Desire. The Defendant Nos. 2 and 3 has accepted the terms and condition of the said loan by putting their signatures on the said sanction letter. This is the copy of the said sanction letter duly signed by the Defendant Nos. 2 and 3 and the Chief Manager of the Applicant Bank has also put the signature on the said sanction letter. I know their signatures. The copy of the said sanction letter dated 01/08/2017 along with business verification report are filed herewith and marked as EXHIBIT- "2" COLLECTIVELY.

 

                    6) I further say that the Defendant Nos. 2 and 3 along with the said application for Car Loan has filed the quotation issued by the dealer Beekay Auto Pvt. Ltd. of Jalangi Road, Banjatia, Berhampore to the Applicant Bank. This is the original copy of the said quotation duly signed by the concerned Authority of Beekay Auto Pvt. Ltd. of Jalangi Road, Banjatia, Berhampore with rubber stamp. I know his signature. The original copy of the said quotation is filed herewith and collectively marked as EXHIBIT- "3".

 

                   7) I say that thereafter the Defendant No. 2 on 04/08/2017 submitted the copy of certificate of registration of the said motor car issued by the Registering Authority of State Transport Department, Murshidabad RTO with the Applicant Bank. This is the copy of the said Certificate of Registration is filed herewith and marked as EXHIBIT- "4".

 

                     8) I say that the Defendant Nos. 2 and 3 on 01/08/2017 submitted one letter of undertaking to deduct EMI of the aforesaid car loan of Rs.9,670/- only from their Savings Account being No. 0700011284663 lying in the said branch. This is the original copy of the said letter of Undertaking duy signed by the Defendant Nos. 2 and 3. I know their signatures. The original copy of the said letter of undertaking to deduct EMI is filed herewith and marked as EXHIBIT-"5".

 

                       9) I further say that thereafter during the continuance of the said loan the Defendant No. 2 on 01/11/2017 applied for one housing loan in the prescribed form with the Applicant Bank for Rs.18,00,000/- (Rupees eighteen lakhs) only for the purpose of construction of house. This is the original copy of the said loan application duly signed by the Defendant No. 2. I know her signature. The original copy of the said loan application dated 01/11/2017 is filed herewith and marked as EXHIBIT- "6".

 

                      10) I respectfully say that thereafter the Applicant Bank on 18/11/2017 has accorded sanctioned to the Defendant No. 2 upto the limit of Rs.18,00,000/- only for construction of house on condition that the interest shall be floating rate of interest at present 8.45% subject to change as per directive of the Reserve Bank of India and also on condition that the Defendant No. 2 shall pay EMI of Rs.17,260/- only and also on condition that the Defendant No. 2 shall create equitable mortgage of land and building of Mouza Janmahammadpur, Under Hatinagar Panchayat measuring 3.50 Decimals bearing Plot No. 2503, District Murshidabad. I further say that the Defendant No. 2 has accepted the terms and conditions of the said loan by putting his signature on the said sanction letter. This the copy of the said sanction letter dated 18/11/2017 duly signed by the Defendant No. 2. I know her signature. The copy of the said sanction letter dated 18/11/2017 is filed herewith and marked as EXHIBIT-"7".

 

                    11) I further say that the Defendant No. 2 on 18/11/2017 has submitted on standing instruction to deduct EMI month by month from her Savings Bank account being Account No. 0700250030834 lying with the Applicant Bank. This is the original copy of the said letter of standing instruction duly signed by the Defendant No. 2. I know her signature. The original copy of the said letter of standing instruction is filed herewith and marked as EXHIBIT- "8".

 

                     12) I say that in order to availed the said Housing Loan the Defendant No. 2 on 18/11/2017 executed a) One letter from borrower, the Defendant No. 2 for disbursement of Loan in Annexure-23, b) One letter of Lien in Annexure-26, c) One Demand Promissory Note for Rs.18,00,000/- only, d) One Consent Clause to be taken from the borrower along with documents in Annexure-30(a), e) One Power of Attorney (Authorizing the Bank to create Equitable mortgage) in Annexure- 40, f) One Undertaking-cum Declaration and g) One Agreement under United Housing Loan Scheme in Annexure-18 in favour of the Applicant Bank. These are the original copies of the said One letter from borrower, the Defendant No. 2 for disbursement of Loan in Annexure- 23, One letter of Lien in Annexure-26, One Demand Promissory Note for Rs.18,00,000/- only, One Consent Clause to be taken from the borrower along with documents in Annexure- 30(a), One Power of Attorney (Authorizing the Bank to create Equitable mortgage) in Annexure- 40, One Undertaking-cum Declaration and One Agreement under United Housing Loan Scheme in Annexure-18 duly signed by the Defendant No. 2. I know her signature. The original copies of the said One letter from borrower, the Defendant No. 2 for disbursement of Loan in Annexure- 23, One letter of Lien in Annexure-26, One Demand Promissory Note for Rs.18,00,000/- only, One Consent Clause to be taken from the borrower along with documents in Annexure- 30(a), One Power of Attorney (Authorizing the Bank to create Equitable mortgage) in Annexure- 40, One Undertaking-cum Declaration and One Agreement under United Housing Loan Scheme in Annexure-18 are filed herewith and marked as EXHIBITS- "9", "10", "11", "12", "13", "14" AND "15" RESPECTIVELY. I further say that the defendant No. 2 has executed and delivered the said documents at the said Branch of the Applicant in usual course of business.

 

                         13) I say that in terms of sanction of the aforesaid housing loan account the Defendant No. 2 in terms of sanction have created Equitable Mortgage on 18/11/2017with the Applicant Bank in respect of her landed property along with L.R. Khatian in respect of land measuring 3.50 Decimals situate at Mouza Janmohammedpur, Touzi No. 16, J.L. No. 112, appertaining to OLD Khatian No. 176 and 828, R.S. Khatian No. 360 corresponding to LR Khatian No. 2417, bearing L.R. Plot No. 2503, P.S. Berhampur town, District Murshidabad by virtue of a registered Deed of Sale registered on 14/03/2000 in the Additional District Sub-Registry Office at Sadar District Murshidabad Recorded in Book No. I, Volume No. 32, Pages from 51 to 55, being Deed No. 2179 for the year, 2000 executed by Md. Rashmuddin Mandal, Son of Late Khosmuddin Mandal of Ustia, P.S. Berhampur, District Murshidabad. These are the original copies the said Title Deed, Translation copy of the Title Deed and original copy of L.R. Khatian with Translation copy are filed herewith and marked as EXHIBITS - "16 ΤΟ 16/1" AND "17 TO 17/1" RESPECTIVELY.

 

                  14) I further say that the Defendant No. 2 on 23/02/2018 executed one Extension of Equitable Mortgage in annexure- 43 in favour of the Applicant Bank. This is the original copy of the said Extension of Equitable Mortgage duly signed by the Defendant No. 2. I know her signature The original copy of the said Extension of Equitable Mortgaged is filed herewith and marked as EXHIBIT- "18".

 

                 15) I say that the Applicant Bank on 27/03/2018 in form No. D-17 C recorded in the entry of the Title Deed in the register relating to mortgage by depositing the Title Deed by the Defendant. This is the original copy of the said specimen entry in the Title Deed register relating to mortgage by depositing the Title Deed duly signed by the Defendant No. 2. I know her signature. The original copy of the said specimen entry in the Title Deed register relating to mortgage by depositing the Title Deed by the Defendant No. 2 is filed herewith and marked as EXHIBIT- "19"

 

                    16) I further say that during the continuance of the aforesaid two loan accounts, the Defendant No. 1 through its Partners the Defendant Nos. 2 and 3 applied for Cash Credit Loan for the purpose of their business of Stock of Paddy Jute and Seasonal Crops with the Applicant Bank and accordingly the Applicant Bank on 01/08/2018 accorded sanctioned a sum of Rs.40,00,000/- (Rupees forty lakhs) only in favour of the Defendant No. 1 of which the Defendant Nos. 2 and 3 are partners on condition that the rate of interest of the aforesaid loan shall be MCLR-Y+2.75% as applicable of UBICR-3 presently 11.60% P.A. with monthly rest. The Defendants have accepted the terms and conditions of the said loan and put their signatures on the said sanction letter with rubber stamp. This is the copy of the said sanction letter duly signed by the Defendant Nos. 2 and 3 as a partners of the Defendant No. 1. I know their signatures. The copy of the said sanction letter dated 01/08/2018 and Certificate of Enrollment of the Defendant No. 1 firm dated 14/07/2018 are filed herewith and marked as EXHIBITS- "20" AND "20/1".

 

                  17) I further say that in order to availed the said Cash Credit loan facility the Defendants on 01/08/2018 executed      a) Demand Promissory Noted for Rs. 40,00,000/- only,      b) Letter of Lien in form No. B-4,        c) Hypothecation Agreement,      d) Power of Attorney and e) Letter of Continuity with Consent Clause in form No. D-3 in fvour of the Applicant Bank. These are the original copies of the said Demand Promissory Noted for Rs. 40,00,000/-only, Letter of Lien in form No. B-4, Hypothecation Agreement, Power of Attorney and Letter of Continuity with Consent Clause in form No. D-3 duly signed by the Defendant Nos. 2 and 3 as partners of the Defendant No. 1. I know their signatures. The original copies of the said Demand Promissory Noted for Rs. 40,00,000/- only, Letter of Lien in form No. B-4, Hypothecation Agreement, Power of Attorney and Letter of Continuity with Consent Clause in form No. D-3 are filed herewith and marked as EXHIBITS- '21', "22", "23", "24" AND "25" RESPECTIVELY, I further say that the defendants has executed and delivered the said documents at the said Branch of the Applicant in usual course of business.

 

              18) I say that the Defendant Nos. 2 and 3 on 01/08/2018 in terms of sanctioned of the aforesaid Cash Credit loan account have stood as Guarantors for the Defendant No. 1 and they are executed two separate letter of guarantee in from No. D-21 in favour of the Applicant Bank for the Defendant No. 1. These ate original copies of the said Guarantee Agreement duly signed by the Defendant Nos. 2 and 3. I know their signatures. The original copies of the said Guarantee Agreements are filed herewith and marked as EXHIBITS- "26" AND "26/1" RESPECTIVELY.

 

                    19) I say that during the pendency of aforesaid loan accounts the Defendant No. 1 through its partners Defendant Nos. 2 and 3 on 04/05/2020 applied for loan under PNB Covid-19 for Rs.4,00,000/- only for working Capital in the prescribed format bearing the signature of the Defendant Nos. 2 and 3. I further say that the then Senior Manager of the Applicant Bank accorded sanction of the said loan of Rs.4,00,000/- only in favour of the Defendant No. 1. This is the original copy of the said Loan Application along with copy of sanction letter duly signed by the Defendant Nos. 2 and 3. I know their signatures. The original copy of the said loan application along with copy of Sanction order dated 04/05/202020 under PNB COVID-19 is filed herewith and marked as EXHIBIT- "27".

 

                   20) I further say that the Defendant Nos. 2 and 3 for self and on behalf of Defendant No. 1 on 04/05/2020 executed a) One Demand Promissory Note for Rs. 4,00,000/- only, b) Agreement for loan of Cash Credit Limit for Rs. 4,00,000/-only, c) Agreement/ Undertaking to mortgage for Covid- 19 Loan of Rs.4,00,000/- only and d) Letter of Undertaking for COVID- 19-EMERGENCY credit facility by way of standby line of credit for Rs.4,00,000/- only in favour of the Applicant Bank. These are the original copies of the said One Demand Promissory Note for Rs. 4,00,000/- only, Agreement for loan of Cash Credit Limit for Rs.4,00,000/- only, Agreement/Undertaking to mortgage for Covid-19 Loan of Rs.4,00,000/- only and Letter of Undertaking for COVID-19-EMERGENCY credit facility by way of standby line of credit for Rs.4,00,000/- only duly signed by the Defendant Nos. 2 and 3 for self and on behalf of the Defendant No. 1. I know their signatures. The original copies of the said One Demand Promissory Note for Rs. 4,00,000/- only, Agreement for loan of Cash Credit Limit for Rs.4,00,000/- only, Agreement/Undertaking to mortgage for Covid-19 Loan of Rs.4,00,000/- only and Letter of Undertaking for COVID-19-EMERGENCY credit facility by way of standby line of credit for Rs.4,00,000/- only are filed herewith and marked as EXHIBITS- '28", "29", "30" AND "31" RESPECTIVELY. I say that the defendant Nos. 2 and 3 have executed and delivered the said documents at the said Branch of the Applicant in usual course of business.

 

                     21) I say that after completion of the aforesaid Banking formalities, the Applicant Bank allowed the defendant No. 1 through the Defendant Nos. 2 and 3 to avail of the aforesaid four separate loan accounts facilities and accordingly the said defendant No. 1 through the Defendant Nos. 2 and 3 as Partners started to avail the said loan facilities by opening four separate loan accounts Car Loan Account being Account No. 0822300036944, House Building Loan Account being Account No. 0700306734640, Cash Credit Loan Account being account No. 0700250032294, and GECL COVID-19 loan Account being Account No. 0700306740359 maintain at Nimtala Chunakhali Branch at Murshidabad.

 

                 22) I further say that on request of the Defendant Nos. 2 and 3 above named the aforesaid four loan accounts as stated herein above sanctioned from time to time was granted in the name of Partners of the Defendant No. 1 and the aforesaid mortgaged property and the Hypothecated Goods of the Business of the entire Loan accounts.

 

                 23) I further say that at all material times, the Applicant Bank maintained the said loan Accounts of the defendant No. 1 of all dealing and transactions between the Applicant Bank and the defendant No. 1 wherein the Applicant Bank debited the defendant No. 1 with all sums of money paid to the defendant No. 1 by the Applicant Bank and credited the defendant No.1 with all sums of money paid by the defendant No. 1 to the Applicant Bank. At all material times the Applicant Bank maintained the said loan accounts according to English Calendar year.

 

              24) I say that thereafter the Authorized Officer of the Applicant Bank on 02/07/2021 issued three separate notices Under Section 13(2) of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 upon the defendants by Registered Post wherein the authorized Officer requested the defendants to discharge in full liabilities within a period of 60 (sixty) days from the date of receipt of the said demand notices. But inspite of receipt of the said notices the defendants did not comply the same. These are the copies of the said demand notices dated 02/07/2021 and track reports are filed herewith and marked as EXHIBITS- "32" AND "33 TO 33/1" RESPECTIVELY.

 

               25) I respectfully say that there has now become due and payable by the defendants to the Applicant Bank a sum of Rs.95,63,554.87 (Rupees Ninety-five lakhs Sixty-three thousand Five hundred Fifty-four and paisa eighty seven) only (out of which a sum of Rs.4,98,318/- only in Car loan Account being account No. 0822300036944, Rs.22,74,095.87/- only in Term Loan Account under Housing Loan Scheme being Account No. 0700306734640, Rs.62,62,981/- only in Cash Credit Loan Account being Account No. 0700250032294 and Rs.5,28,160/- only in GECL Loan Account being Account No. 0700306740359) with interest calculated upto 30/11/2023 and further interest on and from 01/12/2023 till realization.

 

                  I say that the applicant Bank relies on the true extract copies of the statement of accounts in the books of account maintained at its Siliguri Branch which have been duly certified under Bankers' Books of Evidence Act. The statement of account of four separate loan accounts Car Loan, House building Loan, Cash Credit and GECL Loan accounts have already been filed along with the OA and same marked as EXHIBITS-"34", "34/1", "34/2" AND "34/3" RESPECTIVELY.

 

                  26) I say that the Defendants lastly on 25/11/2021 has deposited a sum of Rs.20,000/- only in cash in their aforesaid Car Loan Account being No. 0822300036944 and the Defendants also lastly on 07/08/2020 has deposited a sum of Rs.4,50,000/- only in their cash credit loan account being No. 0700250032294.

 

                  27) I say that the Applicant Bank has annexed the copy of valuation report dated 11/03/2023 obtained from the Registered valuer in respect of the Mortgaged property. The original copies of the said valuation Report is filed herewith and marked as EXHІВІТ -"35".

 

                  28) I say that the defendants are thus liable to pay the Applicant Bank the said sum of Rs.95,63,554.87 (Rupees Ninety-five lakhs Sixty-three thousand Five hundred Fifty-four and paisa eighty seven) only (out of which a sum of Rs.4,98,318/-only in Car loan Account being account No. 0822300036944, Rs.22,74,095.87/- only in Term Loan Account under Housing Loan Scheme being Account No. 0700306734640, Rs.62,62,981/- only in Cash Credit Loan Account being Account No. 0700250032294 and Rs.5,28,160/- only in GECL Loan Account being Account No. 0700306740359) mention in the Application Plus further interest on and from 01/12/2023. I further say that the Applicant Bank is, therefore, entitled to a certificate to recover the sum of Rs.95,63,554.87 (Rupees Ninety-five lakhs Sixty-three thousand Five hundred Fifty-four and paisa eighty seven) only (out of which a sum of Rs.4,98,318/- only in Car loan Account being account No. 0822300036944, Rs.22,74,095.87/- only in Term Loan Account under Housing Loan Scheme being Account No. 0700306734640, Rs.62,62,981/- only in Cash Credit Loan Account being Account No. 0700250032294 and Rs.5,28,160/- only in GECL Loan Account being Account No. 0700306740359) mention in the Application Plus further interest on and from 01/12/2023 from the defendants and further interest.

 

                   29) I say that in order to secure the credit facilities sanctioned to defendant No.1 of which the said Defendant Nos. 2 and 3 are partners and the Defendant Nos. 2 also Extended the Equitable Mortgage over the immovable property by depositing the original Title Deed in respect thereof. The detail of the title Deed of the immovable property is more fully described in schedule "Y" of the OA. The Applicant Bank craves leave to refer to and rely on the said title Deed at the time of filing evidence on affidavit.

 

                    30) I say that the Applicant Bank craves leave of this Hon'ble Tribunal to file Additional Documents, Plaints, Applications, Statements of Accounts etc. during the proceeding of this case or at the time of filing Evidence on Affidavit or at the time of hearing, for the proper adjudication of the case and for the interest of the Justice.

 

                   31) I further say that the applicant Bank is entitled to the following declarations :- a) That the Assets hypothecated to the Applicant Bank is more fully described in Schedule "X" of the OA remain so hypothecated and charged to the Applicant Bank, b) That the immovable Properties fully mentioned in schedule "Y" of the OA is mortgaged to the Applicant Bank.

 

                   32) I say that the claim of the Applicant Bank is genuine and the calculation of interest upto 30/11/2023 in terms of Bank's norms and Rules as per guide line of Reserve Bank of India from time to time.

 

                     33) I say that the defendants above named have intentionally neglected to repay the dues amount of loan inspite of demand of the Applicant Bank.

                  34) That I say that the Applicant Bank reserves its liberty to file supplementary evidence on affidavit if necessary and/or after filing the written statement and/or evidence on affidavit by the defendants.

 

                  35) I say that the applicant Bank is entitled to get the certificate for Recovery of the amount and/or entitled to get reliefs as prayed for in the instant application.

 

               

 

That the statements made in above paras 1 and 2 above are true to the best of my knowledge and that of paras 3 to 28 above are also true to my knowledge derived from the Bank's record and the rest are my submission and I sign this affidavit this the day of 12th day of December, 2023 at Siliguri.

 

DECLARANT

IDENTIFIED BY ME

 

ADVOCATE: SILIGURI

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