Hdfc Bank v. Prabhu Steels
Case brief
What is this about?
The Debts Recovery Tribunal allowed the bank's application for recovery of ₹76,21,421.21 with interest, concluding that the bank proved its case via affidavit and documents.
What did the court decide?
Recovery of ₹76,21,421.21 with interest allowed; recovery certificate issued.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
BEFORE: A S NARANG, PRESIDING OFFICER
OA No: 1798/2024 Date of Institution: 06.11.2024 Date of Decision: 25.08.2026
HDFC Bank Limited having its branches all over India and a branch at Plot No I-15, Sector-101, Alpha IT City, SAS Nagar Mohali, Punjab.
……..Applicant
Vs.
- Prabhu Steels, Through its Partners, Smt. Sudesh Rani and Sh. Lovnish Mittal, C/o House No. 208, Sector 4D, Kukkar Majra, Mandi Gobindgarh, Tehsil Amloh, Distt. Fatehgarh Sahib, Punjab ALSO AT : - Sector 3, Kang Market, Mandi Gobindgarh, Tehsil Amloh, Distt. Fatehgarh Sahib, Punjab
- Sudesh Rani W/o Sh. Sham Lal, r/o House No. 86, Battan Lal Road, Shastri Nagar, Sector 4-C, Mandi Gobindgarh, Distt. Fatehgarh Sahib, Punjab
- Lavnish Mittal S/o Sh. Sham Lal, r/o H.No. 86, Battan Lal Road, Shastri Nagar, Sector 4-C, Mandi Gobindgarh, Distt. Fatehgarh Sahib, Punjab
……….Defendants
Issues for consideration
1 issue framed by the court
Whether the application for recovery of dues under Section 19 of the RDB Act can be allowed ex parte in the absence of respondents.
Parties & counsel
- applicant
HDFC Bank Limited
- respondent
Prabhu Steels
- respondent
Sudesh Rani
- respondent
Lavnish Mittal
Coram
Case details
As recorded by the court registry
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