The DT-II allowed the bank's original application for recovery of Rs. 53,59,414/- plus future interest and costs against defendants who remained ex-parte, holding them jointly and severally liable based on examined evidence.
Joint and several liability to pay Rs. 53,59,414/- with future interest and costs; and recovery proceedings.
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.
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r'oRIGtrNAU'
IN THE DEBTS RECOVERY TRIBUNAL-II AT HYDERABAD DATED THIS THE 12th DAy oF ocroBER,2023
PRESENT: SH. RAMESHWAR KoTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
Original Application No: 659 OF 2022
HDFC BanK Ltd., Office at # L-LO-6O/3,3'd Floor, Suryodaya Complex, Begumpet, Secunderabad Mandal, Secunderabad district, Hyderabad - 500015, Rep. by its authorized signatory
.... .Applicant
VERSUS 1. Patidar Exim Private Limited, Rep. by Mr. Mahender Patel, Plot No. tO, 6-2-124, Patidar House, New Bhoiguda, secu n dera bad - 500003 Telangana State.
counset for the Appticant , rvr, u\Nihi6Menvfr^, Counsel for the Defendant : Ex-Parte frW*^A
oA No.559/2o22
2
ORDER
Whether theApplicantBankis entitled for the claimmade in theOA against the Defendants?
OA No.6s9/2022
Ow(RAMESHWAR KOTHE) PRESIDING OFFICER
2 issues framed by the court
Whether the denomination of the statement submitted by the bank is a comprehensive statement and the result of an enquiry duly held under proper procedure in a drawing of charges had against the drawe
Whether the expenses incurred by the drawer in respect of the transaction are unreasonably high or excessive.
2 provisions across 1 enactments
HDFC Bank Ltd.
Patidar Exim Private Limited
Mr. Mahender Patel
Rameshwar Kothé
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
