DT-II at Hyderabad allowed OA No. 606/2022 filed by HDFC Bank Ltd. for recovery of Rs. 31,64,500.19 with interest and costs from defaulting defendant, upholding hypothecation of vehicle as security.
Defendant to pay Rs. 31,64,500.19 plus interest at 18% p.a.; claim secured by vehicle hypothecation; costs awarded.
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 15th DAY OF SEPTEIVIBER, 2023
PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB. (Hons.). M.A. PRESIDING OFFICER
Original Application No: 606 OF 2022
HDFC Bank Ltd., Having its omce at # 1-10-60/3. 3'd Floor, Suryodaya Comptex, Begumpet, Secunderabad tvtandal, Hydera bad-500016 Rep by its Manager-Legal .....Applicant.
Versus
Mr. Rama Shankar pal, S/o. Dhodhi Ram pal, Aged: 43 Years, Occ: Business, R/o. Flat No. 103, tI Floor, Sriramulu Residency, Near Ganesh Temple, Ashok Nagar, Ameenpur, Hyderabad-502032. Also at : Mr. Rama Shankar pal, R/o. Flat No. 102, Sy. Nos. 498/4 & 498/M, Venktadri Residency, Bandham Komu Road, Near Hanuman Temple, Ameenpur, Hyderabad-50203 2. ...Defendant
Counsel for the Applicant Mr. M. Srinivas Reddy Defendants Exparte Oy^,,
oA.NO.605/2022
:: 9-L9-.]LB ::
whether the ApplicantBank is entitled for the claim made inthe OA against the Defendant andOA hypothecation of vehicle?
oA.NO.606/2022
3
Ow*
(RAflESHWAR KOTHE)
PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled to the claim made in the Original Application against the Defendant and the OA hypothecation of vehicle?
1 provisions across 1 enactments
HDFC Bank Ltd.
Rameshwar Kothé
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
