Axis Bank v. Manish Kumar
Case brief
What is this about?
In an ex-parte recovery proceeding, the Tribunal allowed Axis Bank's application for recovery of dues and issuance of a Recovery Certificate against non-appearing defendants who failed to repay a construction equipment loan.
What did the court decide?
Issuance of Recovery Certificate; direction to defendants to pay dues; entitlement to sell hypothecated or personal assets.
What the court decided
DEBTS RECOVERY TRIBUNAL LUCKNOW
| Date oforderor proceeding |
I Order withsignatureofcourt | Officeaction taken with date |
|---|---|---|
| O.A. No. 1005/2024 09.12.2025 |
The Judgment is signed and pronounced on separate sheets. Separately attachedin06 sheets. Order be uploaded on the Tribunal’s website |
|
| (Dictated) ( \X (PravasKuma,_ngh) PresidingOfficer |
||
| (Mugish) |
IN THE DEBTS RECOVERY TRIBUNAL AT LUCKNOW
Present: Pravas Kumar Singh, Presiding Officer
Case No. Original Application No.1005 of 2024
Dated: 09.12.2025
Axis Bank Limited, having Branch at G 4 / 5, B, Sector 4, Gomti Nagar Extension, Lucknow 226010. ........Applicant-bank
- Versus
- Manish Kumar S/o Chimma, Address: Bari I<hera, Ansari, Haidergarh Barabanki Uttar Pradesh – 227301
- Chimma S/o Shiv Nath R/o Bari Khera, Ansari, Haidergarh Barabanki Uttar Pradesh ...... Defendants 227301.
Issues for consideration
2 issues framed by the court
Whether the bank is legally entitled to the claimed amount based on the documents and pleading submitted.
Whether the defendants are liable to pay the outstanding dues jointly and severally.
Parties & counsel
- appellant
Axis Bank Limited
- respondent
Manish Kumar
- respondent
Chimma
Coram
Case details
As recorded by the court registry
Similar cases
Judgements on the same questions, provisions and authorities, from every court