Hdfc Bank v. Naval Lodha
Case brief
What is this about?
The Debt Recovery Tribunal allowed the applicant bank's application against two defendants for recovery of a commercial vehicle loan amount of Rs. 24,07,742.46 with interest and issued a recovery certificate.
What did the court decide?
Order for payment of Rs. 24,07,742.46 with interest, sale of hypothecated vehicle, and issuance of Recovery Certificate.
What the court decided
DEBTS RECOVERY TRIBUNAL : JABALPUR
(for the States of Madhya Pradesh and Chhattisgarh)
(Presiding Officer - Hon'bte Shri Ram Niwas Patet)
Original Applicotion No.- 33122
HDFC Bank Limited, Sheopur (M.P.)
..... Appticant
Versus
- Navat Lodha, 5/o Ramji Lodha, R/o House No.-28, LodhaMohatta, Girraj Ghat Road, WardNo.-15, Sheopur (M.P.) 476337
- Mr. Durga ShankarLodha, S/o Mr. Ramji Lodha, R/o Lodha Mohatla, Behind Mati Mandir,Ward No.-15, Sheopur(M.P.) 476337 Defendants
Counsel for the Appticant :Shri ShashankVerma, Advocate Defendants : Ex'Parte
JUDGMENT
(Dated : 05th APril, 2023)
Issues for consideration
1 issue framed by the court
Whether the applicants bank is entitled to recovery of the claim amount along with interest and costs.
Parties & counsel
- applicant
HDFC Bank Limited
- respondent
Navat Lodha
- respondent
Durga Shankar Lodha
Coram
Case details
As recorded by the court registry
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