Hdfc Bank v. Mm . Rami Reddy
Case brief
What is this about?
The Debts Recovery Tribunal allowed the original application filed by HDFC Bank Ltd. against MM Rami Reddy for recovery of a debt along with future interest and costs, issuing a recovery certificate.
What did the court decide?
Defendant liable to pay Applicant Bank Rs.26,46,923.20 with future interest @ 11% p.a.; recovery certificate issued; costs awarded.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL-II AT HYDEMBAD DATED THIS THE 17th DAY OF NOVEMBER, 2023 PRESENT: SH. MMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
Original Application No: 32 OF 2023
HDFC Bank Ltd., Having its office at 1-10-60/3, 3'' Floor, Suryodaya Complex, Be9umpet, Hyderabad-5OOO1G. Rep. by its Authorized Signatory.
....Appticant.
Versus
MM Rami Reddy, S/o.RRMprakash, R/o. 3-5-1LB/6/3, Krishna Nagar, Hyderabad, Attapur, Rajendra Nagar, Attapur, K V Ranga Reddy, Hyderabad, Telangana-500048.
Also at:
H. No. 3-7-399, 1* Ftoor, Street No. 21, Nalanda, Nagar( AG Cotony), Hyderguda, Attapur. Rajendra Nagar(M), Hyderabad, Telangana-5OOO4B.
Also at:
Unit No. A.5th Floor, Voyager Building Ascendas ITPB SEZ ITPB Whitefield Road, Bangalore, Karnataka-560066
..Defendant
Issues for consideration
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendant?
Parties & counsel
- applicant
HDFC Bank Ltd.
- respondent
MM Rami Reddy
Coram
MMESHWAR KOTHE
Case details
As recorded by the court registry
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