Hdfc Bank v. Sd Aslam Nazeer
Case brief
What is this about?
DT-II Hyderabad allowed an original application for debt recovery. The court found the defendant liable after an ex-parte hearing and ordered payment of the principal sum with future interest.
What did the court decide?
Defendant to pay Rs. 31,41,029.99 plus future interest at 10.75% p.a. and costs. Bank authorized to proceed against person and properties. Recovery certificate issued.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL-II AT HYDERABAD DATED THIS THE 2oth DAY OF NOVEMBER, 2023 PRESENT; SH. MMESHWAR KOTHE, B.Com., L.LB. (Hons.). M.A. PRESIDING OFFICER
Original Application No: 327 OF 2022
HDFC Bank Ltd., H. No. 1-10-60/3, 3'o Floor, Suryodaya Complex, Begumpet, Hyderabad-500016. Rep. by its tYanager-Legal.
.....Applicant.
Versus
SD Aslam Nazzer, S/o. Syded Shamshir Ati, R/o. H. No. t7-2-1t37/6, Madannapet Rain Bazar, Near Madannapet Water Tank, Hyderabad, Telangana-500023.
Also at: Qqstmr Jr College Boys, Barks, Hyderbad, Telangana-500023.
... Defendant
Counsel for the Applicant : Mr. Srihari Bathina Defendants : exoarte 1/$x*
oa.No.r27 /2022
:: qLLEB ::
- The Applicant Bank filed the present OA for the recovery a total sum of Rs.31,41,029.99ps from the defendant with future interest @ 10.75o/o p.a. compounded with monthly rests from the date of application till the date of realization along with costs.
Issues for consideration
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the Original Application against the Defendant?
Parties & counsel
- applicant
HDFC Bank Ltd.
- respondent
SD Aslam Nazzer
Coram
Mmeswarkothie Madan Mohan Meswarkothie
Case details
As recorded by the court registry
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