The Tribunal allowed an Original Application filed by a bank for recovery of dues and interest along with costs and sale of a hypothecated vehicle after finding respondents liable by default.
Directing respondents to pay Rs.25,01,159.84plus interest, directed sale of hypothecated vehicle, and issuance of Recovery Certificate.
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 THE DEBTS RECOVERY TRIBUNAL-II AT HYDEMBAD DATED THIS THE 21,t DAY OF DECEMBER, 2023
PRESENT: SH. MMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
Originat Application No: B4L OF 2022
M/s. Dhanalaxhmi Bank Ltd. _ S R Nagar Branch, Hyderabad. Rep. by itsprincipal Omcer & Senior Manager.
.....Applicant.
Versus
...Defendants
Counsel for the Applicant
Defendants
: Mr. N. V. Subba Raju
:Exparte
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oA.NO.841/2022
::qLLEB::
Whether the ApplicantBank is entitled for the claim made inthe OA against the Defendants andOA hypothecated vehicle?
oa.No.841/2022
3
Ow
(R,AMESHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled to the claim made in the Original Application against the Defendants and the hypothecated vehicle?
M/s. Dhanalaxhmi Bank Ltd.
Mohammed Enayatulla
Mrs. Arfa Jaleel
Mmeswar Koth
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
