Hdfc Bank Ltd., v. Thomas Sam
Case brief
What is this about?
The Debts Recovery Tribunal allowed an original application filed by HDFC Bank Ltd. for recovery of Rs. 28,30,785.28 from the defendant, Thomas Sam, with future interest and costs, secured by the hypothecated vehicle.
What did the court decide?
Order allowed; defendant liable to pay Rs. 28,30,785.28 with interest; Recovery Certificate issued.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL.IIAT HYDERABAD
DATED THIS THE 28th DAY OFAUGUST, 2024
PRESENT: SH. RAMESHWARKOTHE,B.COM.,L'LB.(HONS.), M.A. PRESIDING OFFICER
ORIGINAL APPLICATION No:79 OF 2023
HDFC BanK Ltd., Having its office at # 1-10-60/3, 3'd Floor, 4A, Suryodaya Complex, Begumpet, Hydera bad- 500016. Rep. by its Authorized Signatory.
.....Applicant.
Versus
Thomas Sam, S/o.Thomas, Age 57 Years, Occ: Self Employed. Bunglow No.21, Prestige Dream Vally, Survey No.92,93,94,97, 106 And 107, Katedan Village, Shivarampally, Rajendra Nagar, Hyderabad - 500052.
Also at:-
Thomas Sam, S/o.Thomas Age 57 Years, Occ: Self Employed, C/o.Shann Exports Co-Sea Foods Exports, Prestige Dream Vally No.02, Survey No.92,93,94,97,tO6 And 107, Rajendra Naga r, Ranga Reddy, Hyderabad - 500052.
Also at:-
Issues for consideration
3 issues framed by the court
Whether the Applicant Bank is entitled to the recovery claim and hypothecated vehicle?
Whether the Defendant is liable to pay the claimed sum with interest?
Whether the Recovery Certificate should be issued?
Parties & counsel
- applicant
HDFC Bank Ltd.
Coram
Rameshwar Koth
Case details
As recorded by the court registry
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