The DRT allowed an application by HDFC Bank for recovery of Rs. 21,08,329.55 plus interest from two borrowers who failed to repay an agricultural loan secured by mortgaged land, issuing a recovery certificate.
Recovery of Rs. 21,08,329.55 with interest and costs; issuance of Recovery Certificate; direction to distribute sale proceeds.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
BEFORE: A S NARANG, PRESIDING OFFICER
OA No: 851/2022 Date of Institution: 22.04.2022 Date of Decision: 29.08.2025
HDFC Bank Limited having its branches all over India and a branch at Gurdaspur, Punjab and HDFC Bank House, Plot No.28, Industrial Area, Phase-I, Chandigarh.
……..Applicant
Vs.
……….Defendants
Advocates
Sh. Manish Luthera proxy counsel for Sh. TS Grewal, Counsel for the applicant bank.
Defendants - ex parte vide order dated 06.12.2023 .
OA for the Recovery of Rs.21,08,329.55p with interest from 22.04.2022.
ORDER
2
was due from the defendants. Despite repeated requests, defendants did not make the repayment. Hence, this application.
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mortgaged land and standing crops as per the provisions of Section 19(20AB) of the Act . 10. A Copy of this order along with Recovery Certificate be sent to the Recovery Officer as well as the parties. Pronounced in the open Court. (A S Narang) Dated: 29.08.2025 Presiding Officer DRT-1, Chandigarh MANOJ KALRA
2 issues framed by the court
Whether the applicant bank has proved its case regarding the advance of loan and outstanding dues.
Whether the application for recovery of dues under Section 19 of the RDB Act is legally maintainable.
2 provisions across 1 enactments
HDFC Bank Limited
Sh. Manmohan Singh
Sh. Inderjit Singh
A S Narang
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
