In an original application for recovery, the Debt Recovery Tribunal disposed of the matter ex-parte in favor of the bank.
Defendant liable to pay Rs. 25,72,596.22 with future interest at 70.75% p.a. Defendant to pay costs and bank to file cost memo. Recovery Certificate issued.
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 HYDERABAD DATED THIS THE 14th DAY OF NOVEMBER, 2023
PRESENT: SH. MMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
Original Application No: 902 OF 2022
HDFC Bank Ltd., Having its office at # 1-10-60/3, 3'd Floor, Suryodaya Complex, Begumpet, Secunderabad Mandal, Hydera bad-500016. Rep. by its Authorized Signatory.
.....Applicant.
Versus
lvls. Luna Ticken Maloji, S/o. Kanaka Raj l4aloji, Villa No. 338, Srikavya Avenue, Near Namaha, Rhythm Miyapur, Kukatpally, lvledchal, tvtatkajgiri, Hyderabad-500072.
Also at:
Ms. Luna Ticken Maloji, C/o. Thinci Semiconductor Technologies, 4th Floor,ptot No. 129, 132 Block2, DLF Assets Put Ltd., DLF Cyber City, Gachibowli, Hyderabad-5OOOB1.
PERIVIANENT ADDRESS: lvls. Luna Ticken Maloji, H. No. 11-17-3, 18th Ward, Kandhigaru Street, Beemavaram-534201, Andhra Pradesh.
... Defendant CI'%*
oA.NO.902/2022
Counsel for the Applicant
: Mr. N. B, Sudarshan
Defenda nts
:Exparte
:: 9-.rLLEB ::
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendant?
/ //,,' .,.'t ' / -,' \x''
oA.NO.902/2022
3
Hence, I hold that the Defendant is liable to pay the oA claim to the Applicant Bank with future interest and costs.
ii) the applicant bank is entifled to proceed against the person and properties of defendant for realization of its dues;
iv) the applicant bank is entiUed for the costs.
dw** (RkI4ESHWAR KorHE) PRESIDING OFFICER
1 issue framed by the court
Whether the applicant bank is entitled for the claim in the original application against the defendant?
HDFC Bank Ltd.
Luna Ticken Maloji
MMes hwar Koth e
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
