The Debts Recovery Tribunal allowed the Original Application filed by HDFC Bank against the defendant for recovery of Rs. 46,79,340.21 with interest and costs, holding the defendant liable based on uninjured evidence filed ex-parte.
Directed defendant to pay Rs. 46,79,340.21 with interest at 11.25% p.a.; allowed costs and issuance of Recovery Certificate.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE DEBTS RECOVERY TRIBUNAL-II AT HYDERABAD DATED THIS THE 9th DAY OF NOVEMBER, 2023
PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
Original Application No: 349 OF 2022
HDFC Bank Ltd., Legal Department, # 1-10-60/3,3d Floor, Suryodaya Complex, Begumpet, Hyderabad-500016. Rep. by its Authorized Si9natory.
.....Applicant.
Versus
lvl r. Tirumalsetty Lakshmi Kiran, S/o. Hari Krishna,Aged; 32 Years, Occ: Software Professional, H. No.7-5714, Flat No. 402, Sai Bhask, Balaji Hills Road, Nizampet Village, Kukatpally, Hyderabad-500072. Also at: Mr. Tirumalsetty Lakshmi Kiran, C/o. HCL Technologies Ltd., Phoenix Infocity, Hitechcity, Madhapur, Hyderabad-500072. ... Defendant
: Mr. N.B Sudarshan Counsel for the Applicant Defendants : Exparte OW*
oA.NO.349/2022
2
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Whether the Applicant Bank is entitled for the claim made in the OA against the Defendant?
oA.NO.349/2022
dK"* (nnh-esnwnn KorHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendant?
1 provisions across 1 enactments
HDFC Bank Ltd.
Rameshwarkothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
