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DEBT RECOVERY APPELLATE TRIBUNAL
Anil Kumar Srivastava, CJ
Ram Niwas Agarwal – Appellant
Versus
Authorised Officer, Punjab National Bank – Respondent
| Table of Content |
|---|
| 1. analysis of the appeal's basis regarding alleged forgery of signatures. (Para 1 , 2 , 4 , 5) |
| 2. court's observations on procedural fairness and necessity of rebuttal. (Para 3 , 9 , 10) |
| 3. presentation of new handwriting evidence necessitating reevaluation. (Para 6 , 7 , 8) |
JUDGMENT : 11th August, 2025
THE APPELLATE TRIBUNAL:
1. Instant appeal has arisen against the order dated 27.10.2017 passed by the Learned DRT, Cuttack in M.A. 272 of 2017 arising out of S.A. 19 of 2016 (Ram Niwas Agarwal -vs- Union Bank of India) whereby Learned DRT dismissed M.A. 272 of 2017.
2. Feeling aggrieved by the impugned order, Securitization Applicant, who Appellant in the appeal.
3. Heard the Learned Counsel for Appellant, Respondents No. 1 and 2 and perused the records. Respondents No. 3 to 9 though served but not represented.
4. S.A. 19 of 2016 was filed challenging the action taken by the Bank under the SARFAESI Act , 2002 (hereinafter referred to as the ‘Act’) and also to set aside the Demand Notice dated 15.12.2015 and Possession Notice dated 26.2.2016. It appears that a challenge was made by the Appellant herein to the effect that Appellant, namely, Sri Ram Niwas Agarwal, has not sign
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