The Debts Recovery Tribunal allowed the applicant bank's original application for recovery of Rs. 20,82,706.35 with interest from defaulter defendants, declaring them jointly and severally liable and granting a recovery certificate.
Defendants to jointly and severally pay Rs. 20,82,706.35 with interest; recovery certificate issued against vehicle and persons.
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 THEDEBTSRECOVERYTRIBUNAL-iI AT HYDERABAD DATEDTHIS THE 11thDAY OF DECEMBER'2023 PRESENT:SH'RAMESHWAR KOTHE,B.COM.,L.LB. (HONS.), M.A. PRESIDINGOFFICER
OriginalApplication No: 648 OF 2022
HDFC BANKLtd., Havino its officeat # 1-10-60/3, 3'd Flo;r,SuryodayaComPlex, BequmPet,HYderabad-500016' nei. oyits Authorized Signatory'
.....Applicant.
Versus
Aoed: 32Years, Occ:Businessm, 112-5,MohanColony, Zah eerbad-50 2230
... Defendants
Ow*
oA.NO.648/2022
2
counselfor the APPlicant
Defenda nts
: Dr. M.P. KashYaP
: Exparte
:: ORDER::
Whetherthe Applicant Bank is entitled for theclaimmadein the OA against the Defendantsand OA hypothecated vehicle?
oa.No.648/2022
3
to pay the OA claim to the Applicant Bank with future interest and costs.
//w*
(*AJqESHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the applicant bank is entitled for the claim made in the OA against the defendants and the OA hypothecated vehicle?
HDFC Bank Ltd.
Sh Rameshwar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
