Hdfc Bank v. Kuldip Singh
Case brief
What is this about?
The Debts Recovery Tribunal allowed an application by HDFC Bank Limited for the recovery of Rs. 23,59,031.13 with interest against two defendants, finding the bank proved its default claim and ordered a recovery certificate and asset sale.
What did the court decide?
Application allowed; recovery order passed for Rs. 23,59,031.13 with interest; joint and several liability imposed; sale of hypothecated and personal assets directed through Recovery Certificate.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
BEFORE: A S NARANG, PRESIDING OFFICER
OA No: 210/2022 Date of Institution: 19.01.2022 Date of Decision: 15.12.2025
HDFC Bank Limited having its branches all over India and a branch at Plot No.28, HDFC Bank House, Industrial Area, Phase-I, Chandigarh.
……..Applicant
Vs.
- Kuldip Singh s/o Sh. Jasbir Singh, r/o Village Jhamke Jhamke, Makhu, District Ferozepur, Punjab.
- Satwant Singh s/o Sh. Sukhwinder Singh, r/o Village Jhamke Jhamke, Makhu, District Ferozepur, Punjab.
……….Defendants
Advocates
Sh. Amit Rishi, Counsel for the applicant bank. Defendants - ex parte vide order dated 22.03.2024 .
Issues for consideration
2 issues framed by the court
Whether the applicant bank proved its case for recovery of dues through default in loan repayment and security documents.
Whether the application for recovery of the specific sum with interest is maintainable under Section 19 of the RDB Act.
Parties & counsel
- applicant
HDFC Bank Limited
- respondent
Kuldip Singh
- respondent
Satwant Singh
Coram
Case details
As recorded by the court registry
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