Hdfc Bank v. Kalyani
Case brief
What is this about?
In an ex-parte recovery application, the Tribunal held that the evidence affidavit and documents filed by the bank clued the claim, declaring the defendant liable to pay ₹33,54,119.40 plus interest and costs.
What did the court decide?
Defendant directed to pay Rs. 33,54,119.40 with interest at 10.75% p.a. and costs; recovery certificate issued.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL.IIAT HYDERABAD
DATED THIS THE 24TH DAY OFAPRIL,2023
PRESENT: SH. RAMESHWARKOTHE,B.COM, L.LB. (HONS.),14.A. PRESIDING OFFICER
oA. NO.417 0F 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.
....Applica nt.
Versus Maguluri Kalyani D/o Venkateswarlu Maguluri Age: 35years Occ: Private Service Flat No. 203, 2nd Floor Dathri Nilayam Road No.6c Bhandaru Layout Nizampet, Hyderabad Telangana - 500 090.
AIso at: Maguluri Kalyani C/o Symbiosis Medical Academy HIG 170, Opp: Focus Car SPA Phase-VI HPHB Colony, Hyderabad Telanqana - 500 072.
.....Defendant.
Counsel for the Appllcant : M/s. Lotus LawAssociates- Through Mr. N. Sudarshan. Defendants l to4 ,e*oarte./t$.g
oa.4t7l2o22
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
Coram
Rameshwar Kotha
Case details
As recorded by the court registry
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