Hdfc Bank v. Rayees Ahmad Wani
Case brief
What is this about?
The Debts Recovery Tribunal allowed the bank's application in ex parte proceedings to recover dues of Rs. 25,70,486/- with interest against a borrower and guarantor who failed to appear.
What did the court decide?
Recovery of Rs. 25,70,486/- with interest @12% p.a. allowed; Recovery Certificate issued; Order to distribute sale proceeds issued.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
BEFORE: A S NARANG, PRESIDING OFFICER
OA No: 1475 of 2022 Date of Institution: 25.07.2022 Date of Decision: 06.09.2025
HDFC Bank Ltd., Senapati Bapat Marg, Lower Parel (West), Mumbai400013 and its Branch Office amongst other places one at Anantnag, State J & K.
- ……..Applicant
Vs.
- Rayees Ahmad Wani S/o Ghulam Mohammad Wani, R/o Litter Shister, District Pulwama-192301.
- Manzoor Ahmed Wani S/o Abdul Aziz Wani, R/o Litter Shister, District Pulwama-192301.
……….Defendants
Advocates
Sh. J. S. Sehgal, Counsel for the applicant bank. Defendants- Ex parte.
Issues for consideration
1 issue framed by the court
Whether the bank has proved its case for recovery of debt and interest under Section 19 of the RDB Act.
Parties & counsel
- applicant
HDFC Bank Ltd.
- respondent
Rayees Ahmad Wani
- respondent
Manzoor Ahmed Wani
Coram
Case details
As recorded by the court registry
Similar cases
Judgements on the same questions, provisions and authorities, from every court