Hdfc Bank v. Sh. Rajiv Kumar
Case brief
What is this about?
The Tribunal allowed the applicant bank's application for recovery of Rs. 23,31,264.77 along with interest against the borrowers and guarantor, directing sale of hypothecated or other property.
What did the court decide?
Recovery of Rs. 23,31,264.77 with interest; direction to sell hypothecated vehicle or property and distribute proceeds.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL-II, CHANDIGARH
BEFORE: A S NARANG, PRESIDING OFFICER
OA No: 1271/2023
Date of Institution: 02.09.2023 Date of Decision: 12.08.2025
HDFC Bank Limited at Plot No. 1-15, Sector 101, ALPHA IT City, SAS Nagar, Mohali, Punjab
……..Applicant
Vs.
- Sh. Rajiv Kumar s/o Sh. Sarup Singh, r/o House No. 3/12, Najfgarh Road, Shastri Nagar, Bahadurgarh, Jhajjar, Haryana
- Sh. Hanish s/o Sh. Virender Singh, r/o Village Kherka, Near Temple, Gujar, Jhajjar, Haryana
……….Defendants
Advocates
Ms Dipti Toni, Counsel for the applicant bank.
Issues for consideration
1 issue framed by the court
Whether bank has established the quantum of debt and liability of borrowers and guarantor under the RDB Act.
Parties & counsel
- applicant
HDFC Bank Limited
- respondent
Sh. Rajiv Kumar
- respondent
Sh. Hanish
Coram
Case details
As recorded by the court registry
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