Execution of bank decrees under the special recovery law transfers to the Tribunal when the statutory debt threshold is met.

A bank decree in execution that falls within the Act's debt-recovery scheme is covered by the Tribunal's exclusive jurisdiction, and pending execution proceedings are transferable to the Tribunal. Section 31 is wide enough to include not only suits but also execution applications already pending before a Civil Court, while section 31A confirms that an unexecuted pre-amendment decree may be pursued before the Tribunal. The decree amount, including accrued interest, is relevant to determine whether the statutory threshold is met. To the extent of inconsistency, the special statute prevails over the Civil Procedure Code, so the Civil Court cannot continue with execution once the matter falls within the Act.

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Issues: Whether an execution proceeding pending before a Civil Court in respect of a bank decree for more than the statutory limit stands transferable to the Debts Recovery Tribunal, and whether the Civil Court retains jurisdiction to execute such decree.

Analysis: The Act treats a decretal liability due to a bank as a "debt" and confers exclusive jurisdiction on the Tribunal in respect of recovery claims within its ambit. Section 31 is wide enough to cover not only suits but also other pending proceedings, including execution applications, and such proceedings stand transferred when they relate to debts falling within the Tribunal's jurisdiction. The subsequent insertion of section 31A reinforces that where a pre-amendment decree remains unexecuted, the decree-holder may approach the Tribunal for recovery. The amount payable under the decree, including accrued interest, is relevant for determining whether the claim crosses the statutory threshold. In view of section 34, the Civil Procedure Code yields to the special statute to the extent of inconsistency.

Conclusion: The execution proceeding was liable to be transferred to the Tribunal, and the Civil Court had no jurisdiction to continue with its execution.

Final Conclusion: The special recovery machinery under the Act governs pending execution of bank decrees above the statutory limit, displacing the ordinary civil court forum.

Ratio Decidendi: A pending execution proceeding for recovery of a bank debt falling within the Act's jurisdiction stands transferred to the Debts Recovery Tribunal, and the Tribunal alone can entertain and execute it.

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