Hdfc Bank v. Chena Ram
Case brief
What is this about?
The Debts Recovery Tribunal allowed the bank's original application for recovery of Rs. 29,74,627.24. The court held the borrowers jointly liable and directed the issuance of a recovery certificate to recover the amount from hypothecated assets and personal properties.
What did the court decide?
Recovery certificate issued for Rs. 29,74,627.24 plus 10% interest from 04.06.2024 to be recovered from hypothecated vehicle and personal assets.
What the court decided
“ORIGINALAPPLICATION” No. 1302 of 2024
BEFORE THE DEBTS RECOVERY TRIBUNAL, JAIPUR
PRESENT- SHRI VIMAL GUPTA
PRESIDING OFFICER
O.A. NO. 1302 OF 2024
DATE OF DELIVERY OF ORDER 10.03.2026
HDFC Bank Limited having its Registered Office at HDFC Bank House, S.B. Marg, Lower Parel (West), Mumbai- 400013 and Regional Office at 4th Floor, Time Square Building, 10 Central Spine, Vidhyadhar Nagar, Jaipur, Rajasthan 302023, through its Authorized Signatory Sh. Karunesh Srivastava.
…..Applicant Bank…..
VERSUS
1. Mr. Chena Ram S/o Sh. Sukhdev Ram, Add: - Veer Teja Colony, Deh, Nagaur - 341001, Rajasthan.
2. Ms. Barju Devi W/o Sh. Chena Ram, Add: Veer Teja Colony, Deh, Nagaur - 341001, Rajasthan.
Issues for consideration
2 issues framed by the court
Whether the application for recovery of outstanding dues against the borrowers should be allowed.
Whether the defendants are jointly and severally liable for the loan amount.
Parties & counsel
- applicant
HDFC Bank Limited
- respondent
Chena Ram
- respondent
Barju Devi
Coram
Case details
As recorded by the court registry
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