Yes Bank v. Shrawan Ram
Case brief
What is this about?
Debts Recovery Tribunal allowed the applicant bank's recovery application for Rs. 31,93,483/- against defendants jointly and severally liable to pay the amount with interest, permitting recovery through hypothecated assets or personal properties.
What did the court decide?
Defendants jointly and severally liable to pay Rs. 31,93,483/- with interest; recovery from hypothecated commercial vehicle and personal assets; costs awarded.
What the court decided
“ORIGINALAPPLICATION” No. 802 of 2022
BEFORE THE DEBTS RECOVERY TRIBUNAL, JAIPU
PRESENT- SHRI VIVEK SAXENA
PRESIDING OFFICER
O.A. NO. 802 OF 2022
DATE OF DELIVERY OF ORDER 16.06.2023
YES BANK LIMITED
Branch Office – Ground Floor, Plot No. O-19-A, Ashok Marg C-Scheme, Jaipur - 302001
…..Applicant Bank…..
VERSUS
1. SHRAWAN RAM
- S/o Shri Naina Ram, R/o Bhambuo Ki Dhani, Rohila Khurd Jodhpur,
Parties & counsel
- applicant
YES BANK LIMITED
- respondent
SHRAWAN RAM
- respondent
SMT. PALLI DEVI
Coram
Case details
As recorded by the court registry
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