The Debts Recovery Tribunal allowed an Original Application filed by H DFC Bank Ltd. for recovery of dues from the sole defendant who remained ex-parte. The court held the bank's evidence established the claim.
Defendant to pay Rs. 25,62,362.05 with future interest and costs; bank may proceed against defendant's property.
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 DEBTSRECOVERY TRIBUNAL.II AT HYDERABAD DATED THISTHE17THDAYOF SEPTEMBER,2024
PRESENT: SH.RAMESHWAR KOTHE,B.Com , L LB (Hons ), lvl'A' PRESIDING OFFICER
Original ApplicationNo: 254 OF 2022
H DFC Bank Ltd., One of its Branchofflce at 1-10-60/3, 3rd Floor, SuryodayaComPlex, Begumpet, SecunderabadMandal, Hyderabad- 500016. Rep. by its Authorized Signatory.
...Applicant
Versus
Mr.Maturi PradeePKumar, S/o.Paul lvlaturi,Age 38 Years, Occ: PrivateEmployee, 8-4-390/A/10,Prem Nagar, Erragadda, Balanagar, K.V.Ranga Reddy,Hyderabad -500018.
Also at:[4r.Maturi PradeepKumar, C/o.CleanHarborsIndia LLP, 10th Floor, The SkyTower, 20 Raidurgam, Serilingam PallY, Hyderabad - 500081.
Permanent Address:Mr.lYaturi Pradeep Kumar, S/o. Paul Maturi, l3-780/8, Sector4, ArilovaColonY, visakhapatnam - 530040
...... Defendant
Counsel for the Applicant: N.B.Sudarshan Defendahts : ex-Oarte @uttu
2
OA.No.254/2022
:: ORDER ::
Whether the Applicant Bank is enti ed for the claim made in the OA against the Defendant?
OA.N0.254lZO22
6)ry;'*t (RlawESHWAR KorHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendant?
H DFC Bank Ltd.
Rameshwar Kothi
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
