Hdfc Bank v. M/S Nidhikamal Automobiles Pvt. Ltd.
Case brief
What is this about?
In OA No. 484/2022, the Debts Recovery Tribunal issued a Recovery Certificate in favor of HDFC Bank Limited against M/s Nidhikamal Automobiles Pvt. Ltd. and guarantors based on a consent settlement letter agreed by the parties.
What did the court decide?
Recovery Certificate issued against Defendants for Rs. 3,55,00,894/- along with interest and a default clause.
What the court decided
FORM NO. 9 [See Regulation-24(1)]
DEBTS RECOVERY TRIBUNAL SFE 3-4, Nehru Place, Tonk Road, JAIPUR- 302015
RECOVERY CERTIFICATE
UNDER SUB-SECTION 22 OF SECTION 19 OF THE RECOVERY OF DEBTS DUE TO THE BANKS AND FINANCIAL INSTITUTION ACT, 1993 AS AMENDED FROM TIME TO TIME
O.A No.484/2022 DATE OF DELIVERY OF ORDER 15.02.2023
HDFC Bank Limited having its Registered Office at HDFC Bank House, S.B. Marg, Lower Parel (West), Mumbai400013 and Branch Office at 414-417, Hawa Mahal Road, Subhash Chowk, Jaipur, Rajasthan - 302002, through its Authorized Signatory Sh. Sanjay Sharma.
.....Applicant
VERSUS
1. M/s Nidhikamal Automobiles Pvt. Ltd. through its Director/Guarantor Mr. Lokmani, Mr. Ashit Jain and Amitabh Jain having place of business at 1299/29, Opposite Maharaja Garden Restaurant Prabhpura By Pass Jaipur Road, Ajmer, Rajasthan-305008. (Pan No. AACCN2495B), Also At:-
M/s Nidhikamal Automobiles Pvt. Ltd, through its Director/Guarantor Mr. Lokmani, Mr. Ashit Jain and Amitabh Jain having place of business at Plot No. B-302, 303 and 304, Ajaymeru, Palra, Industrial Area, Ajmer – 305001. Also at :-
Parties & counsel
- applicant
HDFC Bank Limited
- respondent
M/s Nidhikamal Automobiles Pvt. Ltd. and others
Coram
Vivek Saxena
Case details
As recorded by the court registry
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