Icici Bank Limited v. S Harish
Case brief
What is this about?
The Debt Recovery Tribunal allowed an originating application filed by ICICI Bank Limited for recovery of dues of approximately Rs.42.20 lakhs from borrowers and co-borrowers who defaulted on a vehicle loan.
What did the court decide?
Present OA allowed with costs; liberty granted to Applicant Bank to sell Schedule Property and proceed against other assets if amount not fully realized.
What the court decided
IN THE DEBTS RECOVERYTRIBUNAL. I, KARNATAKA
AT BENGALURU
Dated this the 10th dayof November,2O23
Present: Sri Imtiaz Ali
Presiding Officer
OANo.784l2022
BETWEEN:
ICICI Bank Limited
Branch Office at:TheSenateIBC Ulsoor Road,YellaPPa Garden YellaPPa ChettYLaYout Sivachetti Gardens
Bengaluru 560 008 RePresented bYits Officer and Power of AttorneyHolder Sri Pramodh G.
"APPLICANT
AND:
- Sri S. Harish
Issues for consideration
2 issues framed by the court
Whether the applicant bank proved its case of recovery of dues?
Whether the present originating application ought to be allowed?
Parties & counsel
- applicant
ICICI Bank Limited
- respondent
Sri S. Harish
- respondent
Smt. Prathima G
Coram
Case details
As recorded by the court registry
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