Hdfc Bank v. Mr. Chandi Ram
Case brief
What is this about?
The Tribunal allowed an Original Application filed by HDFC Bank Limited for recovery of a debt of Rs. 46,31,427.39 from respondents who failed to repay sanctioned cash credits, including interest, costs, and future interest.
What did the court decide?
Issuance of Recovery Certificate for Rs.46,31,427.39 with 13% interest; respondents directed to pay within 30 days; recovery via sale of hypothecated/charged assets.
What the court decided
DEBTS RECOVERY TRIBUNAL-IL CHANDIGARH OA/1511/2023 HDFC Bank Limited Vs Mr, Chandi Ram and others
15.04.2026
Item No. 276
Present: Mr. KPS Dhillon,Ld. Counsel for applicant bank.
- This matter is taken up by this Tribunal through Video Conferencing.
- Today, Captioned OA is listed for pronouncement of final order. Accordingly, final order prepared in separate sheets, signed and pronounced.
- File be closed and consigned to record room.
15.04.2026
eov -LL1 A N° (SHIV KUMAR-I) PRESIDING OFFICER DRT-III, Delhi (Additional Charge) DRT-II, CHANDIGARH
fi r"
DEBTS RECOVERY TRIBUNAL-II, CHANDIGARH PRESIDING OFFICER: MR. SHIV KUMAR - I (0.A. No.: 1511/2023)
Issues for consideration
2 issues framed by the court
Whether the applicant bank is entitled to recovery of the outstanding loan amount along with interest and expenses.
Whether the ex-parte order against the non-appearing respondents is sustainable in the absence of a written statement.
Parties & counsel
- applicant
HDFC Bank Limited
- respondent
Mr. Chandi Ram
- respondent
Mrs. Pista Devi
- respondent
Mr. Rajesh Kumar
Coram
Case details
As recorded by the court registry
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