Hdfc Bank v. Baljodh Singh
Case brief
What is this about?
The Debts Recovery Tribunal allowed the applicant bank's application for recovery of a principal sum with interest from three respondents who failed to repay vehicle loans. The respondents were proceeded ex parte, and the bank was granted a recovery certificate.
What did the court decide?
Allowance of application for recovery of Rs. 41,67,562/ with interest and costs; issuance of Recovery Certificate; direction to Recovery Officer for sale of hypothecated vehicles.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
BEFORE: A S NARANG, PRESIDING OFFICER
OA No: 08 of 2022 Date of Institution: 31.12.2021 Date of Decision: 27.05.2025
HDFC Bank Ltd., Plot No.28, HDFC Bank House, Industrial Area, Phase 1, Chandigarh.
- ……..Applicant
Vs.
- Baljodh Singh S/o Nanak Singh, Village Nawa Pind Milkhiwal, Tehsil Batala, District Gurdaspur, Punjab-143505.
- Akwinder Kaur W/o Baljodh Singh, Village Nawa Pind Milkhiwal, Tehsil Batala, District Gurdaspur, Punjab-143505.
- Gurmukh Singh S/o Sewa Singh, Village Nawa Pind Milkhiwal, Tehsil Batala, District Gurdaspur, Punjab-143505.
……….Defendants
Advocates
Issues for consideration
1 issue framed by the court
Whether the applicant bank is entitled to recovery of dues from the respondents for vehicle loans advanced.
Parties & counsel
- applicant
HDFC Bank Ltd.
- respondent
Baljodh Singh
- respondent
Akwinder Kaur
- respondent
Gurmukh Singh
Coram
Case details
As recorded by the court registry
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