Allowed

Hdfc Bank v. Ranjit Singh

DRT12 Aug 2026OA/1180/2023

Case brief

AI extract

What is this about?

The DRT allowed the bank's application for recovery of approximately Rs. 28.97 Lakhs including interest. The court ex parte proceedings after summons delivery were conducted. The bank secured its loan with mortgage documents and guarantee. The court ordered recovery via sale of mortgaged land and personal property.

What did the court decide?

Recovery of Rs. 28,96,958.21 with interest allowed; recovery certificate issued; property sale proceedings initiated.

Hdfc Bank versus Ranjit Singh — Banking and Recovery | DRT (2026)

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IN THE DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH

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BEFORE: A S NARANG, PRESIDING OFFICER

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OA No: 1180 of 2023 Date of Institution: 22.06.2023 Date of Decision: 12.08.2026

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HDFC Bank Ltd. having its branches all over India and a branch at Gurdaspur, District Gurdaspur, Punjab.

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……..Applicant

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Vs.

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Ranjit Singh S/o Sh. Lakhbir Singh, R/o Village Khode Bet, Tehsil Dera Baba Nanak, District Gurdaspur (Punjab)

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Sarabjit Kaur W/o Sh. Lakhbir Singh, R/o Village Khode Bet, Tehsil Dera Baba Nanak, District Gurdaspur (Punjab)

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Malkiat Singh S/o Sh. Lakhbir Singh, R/o Village Khode Bet, Tehsil Dera Baba Nanak, District Gurdaspur (Punjab)

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Savinder Singh S/o Sh. Darshan Singh R/o H. No. 493, Village Shahpur Jajan, Tehsil Dera Baba Nanak, District Gurdaspur (Punjab)

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……….Defendants

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Advocates

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Sh. Saurabh Bhardwaj, Counsel for the applicant bank along with Sh. Gautam Kumar, Legal Officer of the Applicant Bank. Defendants - ex parte .

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OA for the Recovery of ₹28,96,958.21/- with interest @12% per annum with half-yearly rests from 22.06.2023.

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ORDER

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HDFC Bank Ltd. (Bank) has filed this application under Section

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19 of the Recovery of Debts and Bankruptcy Act, 1993 (RDB Act) for the recovery of ₹28,96,958.21/- with interest against Ranjit Singh and others (defendants).

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Bank’s case is that on 10.04.2013, it had granted a loan of ₹23.00Lacs in the form of C.C Limit and a loan of Rs.6.00Lacs in the form of Term Loan to defendant nos.1 to 3 for agricultural purpose. To

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secure the loan, Defendant nos. 1 to 3 had mortgaged their land (fully detailed in para No.5v of the application). Defendant no.4 stood as the guarantor vide deed of guarantee dated 23.04.2013. The loans were chargeable to different rate of interest. The defendants had acknowledged the liability towards the debt on 25.03.2022. On 31.05.2023, a sum of ₹28,96,958.21/- was due from the defendants. Despite repeated requests, defendants did not make the repayment. Hence, this application.

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On 27.07.2023, summonses were sent to the defendants by registered post, which were duly served. However, defendants did not put in appearance. Vide order dated 12.08.2024, they were proceeded ex parte .

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In order to prove its case, the Bank has placed on record the affidavit of Mr. Harminder Pal Singh, Senior Manager along with the loan and security documents and marked them as Exhibit A-1 to A-13. 5. I have perused the evidence on the record. Sh. Gautam Kumar, Legal Officer is present with the original documents which have been perused by me. The same have been returned to him after perusal. I am of the considered view that the Bank has proved its case that it had advanced the loan of ₹28.00Lacs and on 31.05.2023, a sum of ₹28,96,958.21/- was due. 6. Accordingly, the application of the bank for the recovery of ₹28,96,958.21/- (Rupees Twenty Eight Lacs Ninety Six Thousand Nine Hundred Fifty Eight and Twenty One Paise Only) with interest @12% per annum with half-yearly rests from 22.06.2023, till the date of payment is hereby allowed with costs. The liability of all the defendants would be joint and several. Bank can recover its dues by the sale of mortgaged land fully detailed in para No.5v of the application as well as

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from the personal movable and immovable property(ies) of the defendants.

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Pending IAs, if any, stand disposed of.

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Recovery Certificate be issued accordingly.

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Parties are directed to appear before Recovery Officer on 14.09.2026, who is directed to distribute the sale proceeds of the mortgaged property(ies) and standing crops as per the provisions of Section 19(20-AB) of the Act .

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A Copy of this order along with Recovery Certificate be sent to the Recovery Officer as well as the parties.

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Pronounced in the open Court. (A S Narang) Dated: 12.08.2026 Presiding Officer DRT-1, Chandigarh

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(Law Researcher)

Hdfc Bank v. Ranjit Singh

Case brief

What is this about?

What did the court decide?

Hdfc Bank v. Ranjit Singh

Case brief

What is this about?

What did the court decide?

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