Hdfc Bank v. Avtar Singh
Case brief
What is this about?
The Debts Recovery Tribunal allowed the applicant bank's application for recovery of Rs.27.44 Lakhs owed by two defendants. The court found the loan advanced and dues acknowledged, permitting recovery through mortgaged land and other properties.
What did the court decide?
Recovery of Rs.27,44,450.90p with interest; direction to sale mortgaged land and distribute proceeds.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
BEFORE: A S NARANG, PRESIDING OFFICER
TA No: 227/2023 Date of Institution: 01.04.2023 Date of Decision: 15.09.2025
HDFC Bank Limited having its branches all over India and a branch at G.T. Road, Kartarpur, Punjab.
……..Applicant
Vs.
- Avtar Singh s/o Sh. Gurdit Singh, r/o H.No.61, Tahali Sahib Bahirun Hudud Committee, Tehsil & District Jalandhar, Punjab.
- Harjit Singh s/o Sh. Avtar Singh, r/o H.No.61, Tahali Sahib Bahirun Hudud Committee, Tehsil & District Jalandhar, Punjab. ……….Defendants
Advocates
Sh. T S Grewal, Counsel for the applicant bank. Defendants - ex parte vide order dated 07.08.2024 .
TA for the Recovery of Rs.27,44,450.90p with interest @11% per annum with half-yearly rests from 01.04.2023.
Issues for consideration
1 issue framed by the court
Whether the applicant bank is entitled to recover the outstanding dues of Rs.27,44,450.90p along with interest.
Parties & counsel
- applicant
HDFC Bank Limited
- respondent
Avtar Singh
- respondent
Harjit Singh
Coram
Case details
As recorded by the court registry
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