The Debts Recovery Tribunal allowed an Original Application filed by Standard Chartered Bank to recover dues of Rs. 27,72,987/- plus interest and costs from the defendants, who remained absent.
Defendants directed to pay sum of Rs. 27,72,987/- with future interest @ 17% p.a., costs, and 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 14TH DAY OF AUGUST, 2024
PRESENT: SH. RAI\4ESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
Original Application No: 840 OF 2022
M/S.STANDARD CHARTERED BANK., 6-3- 1090, TSR Tower,
Raj bhavan Road, Somajiguda, Khairatabad lYa nda l, Hyderabad-82, Rep. by its Authorized Signatory.
...Applicant
Versus
Also at:-
H. No.20-5-3 58/2/4, Shakker Gunj, Qazipura, Hyderabad -500065.
Also at:-
H. No.20- 5-3 58/2/A, Shakker Gunj, Qazipura,Hyderabad -500065.
......Defendants
Counsel for the Applicant : Sagar & Sagar Law Offices Y Defendants :Ex-parte N*
OA.No.840/2022
2
:: q-LLEL::
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants?
OA.No.840/2022
firy*o (RAMESHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants?
M/S. STANDARD CHARTERED BANK.
Vikram Mobiles.
Mohammed Hameedullah
Mohammed Rafatullah Faheem
RAMESHWAR KOTHE
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
