The Debts Recovery Tribunal allowed an Original Application filed by HDFC Bank against Satish Bandi. Defaults were established as the defendant remained ex parte. The Defendant was held liable to pay the sum of Rs. 38,76,186.55 plus future interest and costs.
Defendant ordered to pay Rs. 38,76,186.55 plus future interest and costs; Recovery Certificate issued.
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 6th DAY OF NOVEI,4BER, 2023
PRESENT: SH. MMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
Original Application No: 355 OF 2022
HDFC Bank Ltd., H. No. 1- 10-60/3, 3'd Floor, Suryodaya Complex, Opp. Shoppers Stop, Begumpet, Hyderabad-500016. Rep. by its Manager Legal. .....Applicant.
Versus
Satish Bandi, S/o. Kantaiah Bandi, Aged: 39 Years, Occ: Private Service, R/o. 1-93 Naryanapuram (Post) Aswaraopet Mandal, Badradri, Near TVS Showroom, Kothagudem, Bhadrachalam, Telangana-507301.
Also at: Satish Bandi, S/o. Kantaiah Bandi, Aged: 39 Years, Occ: Private Service, C/o. HDFC Bank Limited, No. 3-9-729/Al t,Autonagar, Medak, Telangana-5021 10.
Also at:
Satish Bandi, S/o, Kantaiah Bandi, Aqed: 39 Years, Occ: Private Service Dilsukhnagar, Saroor Nagar, Hyderabad, Telangana-500060. ... D,efendants r-/'hr't/.o / / /\ ,'t-\' u/t//
2
oA.NO.355/2022
Counsel for the Applicant
Defendants
Louts Law Associations
Exparte
:: ORDER::
Whether the Applicant Bank is enti ed for the claim made in the OA against the Defendant?
oA.NO.355/2022
3
Hence, I hold that the Defendant is liable to pay the OA claim to the Applicant Bank with future interest and costs.
dw* lnAu{snwanrorney PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendant?
HDFC Bank Ltd.
Mmeshwar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
