The Debts Recovery Tribunal allowed the application filed by Bank of India against M/s. Car Surgeons and Nitin Mathur jointly and severally liable to pay a sum of Rs. 50,37,211.00 with future interest and costs, issuing a recovery certificate.
Defendants to pay Rs. 50,37,211.00 with future interest and costs; Applicant to file cost memo; Issue 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 HYDERABAD DATED THIS THE 22"d DAY OF SEPTEMBER, 2023
PRESENT: SH. MMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
Original Apptication No: 967 OF 2022
Bank of India, Khairatabad Branch, Ground Floor, PTI Building, A.C. Guards, Khairatabad, Hyderabad-500004. Rep. by its Constituted Attorney. .....Applicant.
Versus 1. M/s. Car Surgeons Rep. by its Proprietor Mr. Nitin Mathur, Atplot No. 70, Whispervalley, Jubleehi s, Hyderabad-500033. 2. Sri. Nitin Sartaj Pershad Mathur, S/o. Sartaj Pershad Mathur, Aged: 55 Years, Occ: Business, R/o. H. No. 7-|-62U881F2O2, 39SRT, Yasoda Krishna Appartment, Opp: Community Hall, S.R. Nagar, Hyderabad-l8. ...Defendants
Counsel for the Applicant : Mr. D. Brahma Reddy Defendants : Exparte 7%*
oA.NO.967/2022
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Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants?
oA.NO.967/2022
Dw,& (nnMEsnwnn KorHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the Original Application against the Defendants?
Bank of India, Khairatabad Branch
M/s. Car Surgeons
Nitin Sartaj Pershad Mathur
Mmeshwar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
