Hdfc Bank Ltd., v. Mr.Syed Javeed Alam
Case brief
What is this about?
The Debts Recovery Tribunal allowed the bank's application for recovery of a principal sum of Rs. 28,01,213.69 along with future interest, costs, and a recovery certificate, holding the defendant liable ex parte.
What did the court decide?
Awarded recovery of Rs. 28,01,213.69 plus future interest at 8.25% simple, costs, and issuance of Recovery Certificate.