Hdfc Bank v. Sonu Kamboj
Case brief
What is this about?
The DRT allowed the HDFC Bank's application under Section 19 of the RDB Act for recovery of Rs. 57,04,851.95 with interest against borrowers and guarantors who failed to appear, permitting recovery from mortgaged property and personal assets.
What did the court decide?
The application for recovery of Rs.57,04,851.95 with interest was allowed. Recovery Certificate issued. Liabilities of heirs limited to inherited property; other defendants liable jointly and severall
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
BEFORE: A S NARANG, PRESIDING OFFICER
OA No: 1681/2022 Date of Institution: 10.08.2022 Date of Decision: 29.08.2026
HDFC Bank Limited having its branches all over India and a branch at HDFC Bank House, Plot No.28, Industrial Area, Phase-1, Chandigarh.
- ……..Applicant
- Vs.
- Sonu Kamboj s/o Sh. Bag Chand, r/o H.No.397, Village Patti Billa, Dhani Sanja Ram On Canal, Tehsil Abohar, District Fazilka, Punjab.
- Sh. Bag Chand s/o Sh. Lachhman Ram, r/o H.No.397, Village Patti Billa, Dhani Sanja Ram On Canal, Tehsil Abohar, District Fazilka, Punjab, through his legal heirs:
- a) Sonu Kamboj s/o Sh. Bag Chand, r/o H.No.397, Village Patti Billa, Dhani Sanja Ram On Canal, Tehsil Abohar, District Fazilka, Punjab.
- b) Surinder Kumar s/o Sh. Bag Chand, r/o H.No.397, Village Patti Billa, Dhani Sanja Ram On Canal, Tehsil Abohar, District Fazilka, Punjab.
Issues for consideration
1 issue framed by the court
Whether the applicant bank is entitled to recover the outstanding dues including interest from the principal borrowers and guarantors.
Parties & counsel
- applicant
HDFC Bank Limited
- respondent
Sonu Kamboj
- respondent
Sh. Bag Chand
- respondent
Des Raj
- respondent
Surjeet Singh
Case details
As recorded by the court registry
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