Hdfc Bank v. Buta Singh
Case brief
What is this about?
The Debts Recovery Tribunal allowed the bank's application filed under Section 19 of the RDB Act. After proceeding ex parte against non-appearance, the court endorsed debt recovery of ₹46,63,373/- with interest, marking the loan documents and ordering a sale of mortgaged land.
What did the court decide?
Recovery of ₹46,63,373/- with interest @11% p.a. allowed; liability declared joint and several; Recovery Certificate issued.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
BEFORE: A S NARANG, PRESIDING OFFICER
OA No: 187/2023 Date of Institution: 29.12.2022 Date of Decision: 20.05.2026
HDFC Bank Limited having its branches all over India and a branch at Dasuya Branch, District Hoshiarpur, Punjab.
……..Applicant
Vs.
- Buta Singh s/o Sh. Kulwant Singh, r/o H.No.17, Village Ludheani Changala, Tehsil Dasuya, District Hoshiarpur, Punjab.
- Lakhwinder Singh s/o Sh. Shamsher Singh, r/o Village Ludheani Changala, Tehsil Dasuya, District Hoshiarpur, Punjab.
……….Defendants
Advocates
Sh. Anup Prajapati proxy counsel for Sh. Saurabh Bhardwaj, Counsel for the applicant bank.
Issues for consideration
1 issue framed by the court
Whether the debt amount of ₹46,63,373/- accrued with interest is due and payable by the borrowers and guarantor.
Parties & counsel
- applicant
HDFC Bank Limited
- respondent
Buta Singh
- respondent
Lakhwinder Singh
Coram
Case details
As recorded by the court registry
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