Hdfc Bank v. Shri Minerals
Case brief
What is this about?
Debts Recovery Tribunal allowed an application by HDFC Bank against borrowers and guarantors for recovery of a commercial vehicle loan and related dues, granting interest and recovery certificate.
What did the court decide?
Defendants to pay Rs. 26,21,002.33 with interest; Recovery Certificate issued; Injunction on dealing with assets.
What the court decided
DEBTS RECOVERY TRIBUNAL : JABALPUR
(for the States of Madhya Pradesh and Chhattisgarh)
(Presiding Officer - Hon'bte Shri Ram Niwas Patel)
Original Applicotion No.- 52/23
HDFC Bank Limited, SBI Chowk, Vijay Nagar, Jabatpur (M.P.) App[icant
Versus
Shri Minerats, 01 ) Through its ProprietorMr. Shrinath Gour, Office at: Shri Niwas Bhawan Gandhiganj Town, Katni, M.P.483501 ; Residinq dt: Shri Niwas Bhawan Mahatma Gandhi Ward No.-8, Near LaI Buitding, Murwara, Katni, M.P. 483501
- Mr. Shri Nath Gour, S/o Shri Satyanath Gour
- Mr. Venktatesh Gour, S/o Shri Nath Gour
(2 & 3 R/o Shri Niwas Bhawan, Mahatma Gandhi Ward No.-8, Near La[ Building, Murwara, Katni, M.P.483501 ) Defendants
Counsel for the Appticant : Shri MattikarjunKhare, Advocate Defendants : Ex-parte
Issues for consideration
1 issue framed by the court
Whether loan documents and hypothecated assets can be relied upon for recovery when defendants appear ex-parte.
Parties & counsel
- applicant
HDFC Bank Limited
- respondent
Shri Miners
- respondent
Mr. Shrinath Gour
- respondent
Mr. Shri Nath Gour
- respondent
Mr. Venkatesh Gour
Case details
As recorded by the court registry
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