Hdfc Bank v. Sunil
Case brief
What is this about?
The Appellant filed an application under Section 19 of the Recovery of Debts and Bankruptcy Act for recovery of dues against borrowers who defaulted on commercial vehicle loans. The court allowed the application, ordering payment of the principal plus interest and costs, and directed the issuance of a recovery certificate.
What did the court decide?
Defendants directed to pay Rs.66,45,894.94 as on 05.03.2024 with pendentelite and future interest @10.20%, failing which recovery from sale of vehicles and other properties; recovery certificate to be
What the court decided
O.A. No.228 of 2024
Debts Recovery Tribunal-I, Delhi 4th floor, Jeevan Tara Building, Parliament Street, New Delhi
Presiding Officer: Shri Govind Ballabh Sharma
O.A. No. 228 of 2024
HDFC Bank Ltd.
Retail Asset Collection
1st Floor, Tower 'A', Shivaji Marg, Plot No.31, Najafgarh Road Industrial Area Shivaji Marg, Moti Nagar,
New Delhi-110015
Applicant
Versus
- Shri Sunil Singh s/o Sh.Rajbir Singh R/o H.No.1778, Gali No.26, Samta Vihar Mukandpur, Libaspur, New Delhi-110042
Also at:
Issues for consideration
3 issues framed by the court
Whether the applicant bank is entitled to recovery of outstanding dues and interest from the defaulting borrowers.
Whether the application deserves to be allowed considering the defendants failed to rebut the documentary evidence.
Whether the recovery certificate should be issued and sent to the Recovery Officer.
Parties & counsel
- applicant
HDFC Bank Ltd.
- respondent
Shri Sunil Singh
- respondent
Smt.Rama
Coram
Case details
As recorded by the court registry
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