The Debts Recovery Tribunal allowed the bank's claim for recovery of a loan debt of Rs.53,46,287.75 with interest from the absent defendant, holding the defendant liable and directing the issuance of a recovery certificate.
Defendant directed to pay sum with interest; secured by hypothecated assets; costs awarded; 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 RECOVERYTRIBUNAL.II AT HYDERABAD DATED THIS THE 27th DAY OF SEPTEMBER,2023
PRESENT: SH. RAMESHWAR KOTHE,B.Com., L.LB. (Hons.),l'4.A. PRESIDING OFFICER
Original Application No: 539 OF 2022
HDFC Bank Ltd., Having its office at 1-10-60/3, 3RD Floor, Suryodaya complex, Begumpet, Hyderabad-500016. Represented by its Legal Manager
.....Applicant.
Versus
Mantripragada SKV Radhakrishna, S/o.Rama Krishna Mantri Pragada, Age 55 Years, Occ: Private Employee, Flat No.202, Sujaya Residency 1, Gaffar Nagar, lvladhaPur, Hyderabad-500081, Telangana State.
Also at:Mantripragada SKV Radhakrishna, S/o.Rama Krishna Mantri Pragada, Age 55 Years, Occ: Private Employee, C/o.Velocity Education Pvt Ltd, H.No.3-231/NR, Plot No.231, Janaki Towers, Kavuri Hills Madhapur, Hyderabad-500081, Telangana State.
Also at: - Mantripragada SKV Radhakrishna, S/o.Rama Krishna Mantri Pragada, Age 55 Years, Occ: Private Employee, Office at: Plot No.231, Survey No.46P, Guttala Begumpet Serlingampally, Opposite lYadhapur Police Station, Hyderabad, Telangana-500081.
Defendant $ra'o
oa.53912022
Counsel for the Applicant Defendants
:M.V,KiNi
: Exparte
:: (LLD-EB ::
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendant and OAschedule assets?
3
oa,s39l2022
firy6,u* (RAFIESHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the applicant bank is entitled to the recovery claim and schedule assets made against the defendant in the original application?
Hdfc bank Ltd.
Rameshwarkothe
Kothesharmalanbi
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
