Punjab National Bank v. Hema
Case brief
What is this about?
Debt Recovery Tribunal adjudicated an original application by Punjab National Bank for recovery of dues from defaulting borrowers, allowing the application and directing payment recoverable from hypothecated assets.
What did the court decide?
Directed defendants to pay Rs.65,98,624.64 with interest within 30 days; recovery from sale of hypothecated assets and properties in case of shortfall.
What the court decided
O.A. No.684 of 2023
Debts Recovery Tribunal-I, Delhi 4th floor, Jeevan Tara Building, Parliament Street, New Delhi
Presiding Officer: Shri Govind Ballabh Sharma
O.A. No. 684 of 2023
Punjab National Bank Circle Sastra Centre, East Delhi Pocket E, Mayur Vihar Phase II, Delhi-110091 Applicant
Versus
- Ms Hema Bhandari d/o Gopal Singh Negi Prorietor M/s Heeltec Retail House No.B-37918, Block B Om Nagar, Badarpur, Delhi-110044
- M/s Heeltec Retail Shop No.2401, (Old Plot No.456) Ganeshpura, Trinagar, Delhi-110035 Defendants
Present: Sh.M.K.Chaudhary, Counsel for the applicant Bank
Date of Reserve: 15.07.2026
Date of Pronouncement: 27.07.2026
FINAL ORDER
Parties & counsel
- applicant
Punjab National Bank
- respondent
Ms Hema Bhandari
- respondent
M/s Heeltec Retail
Coram
Case details
As recorded by the court registry
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