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    vikaas

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    vikaas

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    umeshji5299
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    vikaas

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    of 5

    ARYAVART BANK

    Branch: KHURDAHI BAZAR Region: Lucknow

    Proposal for Compromise Settlement for Loan outstanding upto 1.00 Lakh
    ACCOUNT NO. 003467610000010

    For Branch Use:

    A. Particulars of Borrowers and Guarantors & Position of A/C


    Present
    Borrower/ Contact Present Present Net
    NAME Yearly
    Guarantor No. Occupation worth (Rs.)
    Income

    RAM MILAN SAHU S/O RAM SANEHI Borrower BUSINESS 150000 900000
    SAHU

    B. Loan Particulars:
    Total
    Date of Sanction Present Outstanding Uncharged
    Purpose Recover
    Sanction Amount (Rs.) interest
    y

    07-05-2016 50000.00 BUSINESS 0 18611.60 6188.36

    C. Date wise detail of follow up/ action taken:


    The branch has continuosly followed up this loan notices were served, RC was filed, as well the near
    and dear of the borrower were contacted for recovery of this loan. At last the branch has reached to a
    compromise.

    D. . Date of NPA: 04-09-2020 Book Liability as on date of 18611.60


    NPA Rs.

    E. Present NPA Asset code: Sub-std. (21/22), Doubtful Asset (31/32/33), Lost 33
    Assets (40)

    Ref No
    F. If Legal Action waived (Ref. & Date):
    Date: N/A

    G. If RC Filed:
    Date of RC FILING Amount Rs
    18-06-2020 18611.60
    H. If Decreed:
    Date of Decree Date of filling execution
    N/A N/A

    Signature of Branch Manager


    I. Detail of Security / Collateral Security:
    Description of Security Value of Present Position Present realizable Remarks
    obtained Security value of security
    STOCKS 0 Unit stopped 0
    AGRI LAND 0 Available 0

    J. Securities enforced and amount realized: (if any): Nil

    K. DICGC/CGTMSE Amount Rs. Nil settled.

    L. Any credit balance in deposit/subsidy accounts Rs. Nil

    M. Details of other direct/indirect liabilities of parties & steps proposed for recovery
    NIL
    REASONS FOR RECOMMENDING THE PROPOSAL/SPECIFIC RECOMMENDATION
    (Furnish in brief, why it is not possible to enforce the security/execute the decree etc.)
    The financial condition of the borrower is not such that he can repay this loan.

    Particulars of write-off/Uncharged Interest:


    A Amount o/s as on date of compromise offer 18611.60
    B Uncharged Interest till date 6188.36
    Total Dues (A+B) 24799.96
    C Charges/ Expenses/Pending Advocate‘s Bill etc 0.00
    D Cr. Bal in other A/cs/Subsidy/DICGC/CGTMSE balance if any 0.00
    Net Liability (A+B+C-D) 24799.96
    E Amount offered to deposit under compromise 7500.00
    F Amount deposited as Compromise token 1500.00
    G Balance Amount of Comp. offer (E-F) 6000.00
    H Book Liability recommended to be written-off 11111.60
    I Uncharged interest recommended to be waived 6188.36
    J Total Bank Sacrifice (H+I) 17299.96
    BRANCH RECOMMENDATION

    During inspection on 19.09.2024, it is found that due to health issues and loss in bussiness, the
    financial condition of the borrower and his family is very poor. Activity is completely closed and there is
    no any security available in this loan account. Also, there is no any subsidy available. Borrower/ legal
    heirs of borrower is/ are unable to pay the entire bank dues of this account. Notices were sent before
    and after NPA. After regular follow up, the borrower/ legal heirs of borrower is/ are agreed to settle his
    account under OTS scheme in Rs. 7500/-. The borrower/ legal heirs of borrower deposited the
    compromise amount taken from relatives. Branch has exhausted all avenues of recovery and there
    are no chances of further recovery in the account.
    Hence we hereby recommend for sanction of OTS compromise in this account, for Rs. 7500/-.
    The approval falls within the delegation of RLSCC

    Date: 19-09-2024 Branch Manager


    Branch: KHURDAHI BAZAR

    Signature of Branch Manager


    Staff Accountability Report
    We hereby certify:

    1. The sanctioning authority in the case of above account has exercised his power judiciously and
    adhered to the guidelines issued by the bank in the matter of grant of advance. There was no lapse on
    the part of staff in handling/follow up of the account at any stage.
    2. There was no laxity in the post disbursement supervision of advances
    3. There was no act of commission or omission on the part of the staff leading the debt proving
    irrecoverable.
    The SAR for this account is closed/ submitted to RO on 00.00.00

    Date: 19-09-2024 Branch Manager


    Branch: KHURDAHI BAZAR

    III) Regional Office Recommendation/Sanction:

    (Recommended/ Sanctioned for


    On strong recommendation of branch we hereby OTS compromise for Rs.7500/-
    recommend for OTS compromise in this account (Rupees SEVEN THOUSAND FIVE
    for Rs. Rs.7500/-(Rupees SEVEN THOUSAND HUNDRED only))
    FIVE HUNDRED only))

    Asst. Manager/ Manager Senior Manager Regional Manager


    CM & ARD CM & ARD Lucknow Region

    Date: _______________________

    Signature of Branch Manager


    Ref: Date: 19-09-2024
    To,
    The Regional Manager
    Regional Office
    Lucknow
    Sir,
    Please write off the ledger balance in compromised approved account of
    Khurdahi Bazar Branch as the total compromise amount is deposited by the
    borrower as per sanction terms of compromise proposal. Details for the same
    are mentioned below:-

    Sacrifice
    Compromise Amount Sanctioning
    Account Number Borrower Name Ledger O/s
    Amount (Amount to Authority
    be write off)

    RAM MILAN SAHU S/O RAM


    003467610000010 18611.60 7500.00 11112
    SANEHI SAHU

    With Regards

    Branch Manager
    Branch: Khurdahi Bazar
    Check List
    SAR CLOSE DATE #VALUE!
    RC FILE DATE 18-06-2020
    BORROWER MOB NO. 7054442267
    OUT STANDING BAL 18611.60
    SB BAL
    COMPROMISE AMT 7500.00
    MIN COMP AMT as per FIPL 11166.96
    SACRIFICE % 59.70
    NPA DATE #VALUE!
    URI 706.00
    PROVISION 17905.6
    IMPACT ON PL -VE BY Rs.-3666.96
    CHECKED BY

    Signature of Branch Manager


    Aryavart Bank
    Head Office:A-2/46 Vijay Khand Gomti Nagar Lucknow

    Letter No: Date: 19-09-2024

    The Regional Manager,


    Regional Office,
    Lucknow

    Sub: Compromise proposal of Account- 003467610000010

    RAM MILAN SAHU S/O RAM SANEHI


    Name:
    SAHU
    Branch: 23
    O/S Amount Rs. 18611.60
    Compromise Amt. Rs. 7500.00

    Branch Certificate

    In respect of above compromise proposal we certify that:-


    1. The Branch have exhausted all possible avenues of recovery and there are no
    chances of further recovery in the account.
    2. It is further certified that above compromise settlement is in conformity with the
    RBI guidelines in this regard.
    3. Borrower's have NO Loan A/c other than above mention A/C which is categorized
    into NPA.
    4. It is certified that no investigation/ fraud has been reported in the account and no
    investigation by police CBI by Police/ CBI/ Economic Offence Wing and/or by any
    Investigation Agency is pending/ initiated/ contemplated by the Bank against the
    Borrower/ Guarantor/ Company/ Partners/ Directors of either this a/c or any other
    5. Noanyinquiry ispending
    6. We further certify that there is no lapse on part of any staff in terms of sanction,
    documentation, follow up and recovery and also there is no malafide intention on the
    part of any staff member.
    7. There is no adverse comments in the audi treport regarding the above account.
    8. Security charged (ifany) to above account not extended for other accounts.
    9. Charged securities (If any) will be release after compliance of sanction term
    without any deviation as per policy of the Bank.
    10. Guarantee will be release after compliance of sanction term without any deviation
    as per policy of the Bank.
    We recommend for approval of compromise proposal.

    Branch Manager
    Khurdahi Bazar Branch

    Signature of Branch Manager

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