Hdfc Bank v. Adepu Jithender
Case brief
What is this about?
The Debt Recovery Tribunal allowed an Original Application by HDFC Bank Ltd. for recovery of a sum of Rs.36,04,232.99 plus interest and costs from the defendant, who remained absent and offered no representation.
What did the court decide?
Defendant ordered to pay Rs.36,04,232.99 with interest at 11.25% p.a., costs, and applicant entitled to proceed against defendant's properties and receive a Recovery Certificate.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL-II AT HYDERABAD DATED THIS THE 29TH DAY OF MARCH, 2023
PRESENT: SH. RAMESHWAR KOTHE, B.Com, L.LB. (Hons.), M.A. PRESIDING OFFICER
oA. NO. 56 0F 2022
HDFC Ba nK Ltd. #1-10-60/3,3'd Floor Su ryodaya Complex Begumpet Hyderabad- 500016 Represented by its Authorised Sig natoryDy. Manager Legal.
...Applica nt
Versus
lvl r. Adepu Jithender P. No. 36-37 F. No.302 Symed Homes Ushodaya Colony Quthbullapur Hyderabad - 500 055.
Also at: C/o Symed Labs Limited Plot No. 89/A IDA Jeedimetla Phase-I, Hyderabad-500 055.
Permanent Address: Adepu Jithender S/o Satyanarayana Adepu 9-37l3 Velishala Tirumalagiri Mandal Suryapet(Nalgonda) - 508 223.
...Defendant.
Counsel for the Applicant : Mr.N. B. Sudarshan. Defendant
i Ex-pafte P-
Issues for consideration
1 issue framed by the court
Whether the applicant bank is entitled to the claim made in the original application against the defendant as prayed for?
Parties & counsel
- applicant
HDFC Bank Ltd.
- respondent
Adepu Jithender
Coram
Rameshwar Kothé
Case details
As recorded by the court registry
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