The Debts Recovery Tribunal allowed the applicant bank's original application for recovery of dues of Rs.20,80,223.27 along with future interest and costs against the defendants who remained absent.
Defendants jointly and severally liable to pay Rs.20,80,223.27 with future interest @ 9.25% p.a. and costs; entitled to proceed against hypothecated vehicle.
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 215t DAY OF T4ARCH, 2024
PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
Original Application No: 7970F 2023
HDFC Bank Ltd., # 1-10-60/3, 3'd Floor, Suryodaya Complex, Begumpet, Hyderabad-5000 16, Rep. by its Authorized Signatory.
.....Applicant.
Versus
,.... Defendants
Counsel for the Applicant
: Mr. N. B. Sudarshan
Defenda nts : Exparte
dV^ :: ILLLL8 ::
oA.NO.191/2023
Whether the ApplicantBank is entitled for the claim made inthe OA against the Defendants andoA schedule hypothecated vehicle?
O'K"-
oA. 0.191/2023
Hil,'u'r (RAMESHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled to recover a claim against the Defendants and the hypothecated vehicle?
3 provisions across 3 enactments
HDFC Bank Ltd.
Mr. Pulkaram Anjaiah
Mr. Pulkaram Saidulu
Ms. Pulkaram Anjaiah
Rameshwar Kothé
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
Rameshwar Kothé
