Idbi Bank v. Revathi
Case brief
What is this about?
DRT-I, Bengaluru allowed an Original Application filed by IDBI Bank for recovery of home loan dues of Rs.28,80,359/- from four respondents who defaulted on loan repayments, as respondents were absent and Bank's evidence was uncontradicted.
What did the court decide?
OA allowed with interest and costs; liberty to sell Schedule-A and B properties and proceed against other assets for realization.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL - I, KARNATAKA
AT BENGALURU
Dated this the 11th day of December, 2023
Present: Sri Imtiaz Ali
Presiding Officer
OA No.89O,/2O22
BETWEEN!
IDBI Bank Limited Branch Office at:
Retail Recovery-RBc No,58, IDBI House Mission Road Bangalore-560027
.. APPLICANT
AND:
- Smt. Revathi
ffo.Sri Kooragappa Moolya Pavithra Residency C Block, Flat No.05
Issues for consideration
1 issue framed by the court
Whether Applicant Bank proved its case for recovery of dues as contended?
Parties & counsel
- applicant
IDBI Bank Limited Branch Office at
- respondent
Smt. Revathi
- respondent
Sri Koragappa Moolya Pavithra Residency C Block, Flat No.05
- respondent
Smt. Latitha Chitaranjan
- respondent
Sri Sadanada Rai
Case details
As recorded by the court registry
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