Debts Recovery Tribunal allowed an original application filed by HDFC Bank for recovery of Rs. 28,70,725.13 with future interest and costs against a defendant who remained absent.
Defendant to pay Rs. 28,70,725.13 plus interest at 24% p.a. from application date till realization, along with costs; 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 THEDEBTS RECOVERYTRIBUNAL-II AT HYDERABAD DATED THISTHE 27TH DAY OF SEPTEMBER'2024
PRESENT: SH'RAMESHWARKOTHE, B.COM.,L.LB' (HONS.), M.A. PRESIDINGOFFICER
Original ApplicationNo: 348 OF 2022
HDFC BankLtd., One ofits Branch office at 1-10-60/3, 3rd Floor,SurYodaYa ComPlex, Begumpet,HYderabad - 500 016' Rep. by itsLegal Manager.
...Applicant
Versus
Mr.Marcos AntonioDe JesusRomeroPalacios, S/o.Not Known,Aged about59 Years, Occ: SoftwareProfessional, 8- 2- 293 / 82 IHh I It I402,H il ls Ed ge Apa rtments, MLA Colony, BanjaraHills, RoadNo.12, Hyderabad - 500034.
Also at:Mr.Marcos Antonio DelesusRomeroPalacios, C/o.Indigo Airlines, Level 1, Tower C,Global Business Park, Hodel-Haryan a- L22OO2.
......Defendant
Counsel for the Applicant: M/s.N.B.Sudarshan Defendants : Exparte
:: 0B--9-il ::
2
oA.No.348/2022
p.a. from the date of application till the date of realisation along with costs.
Whether the Applicant Bank is enti ed for the claim made in the OA against the Defendant?
L-,'
OA.No.348/2022
OW^'!@^1 (RAMESHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled to recover the claimed principal sum and interest from the Defendant?
HDFC Bank Ltd.
Rameshwar Kothé
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
