State Bank of India v. Dagadu
Case brief
What is this about?
Debts Recovery Tribunal allowed an application filed by State Bank of India for recovery of a loan defaulting of Rs.59,04,612 along with future interest from three defendants who failed to appear.
What did the court decide?
Payment of Rs.59,04,612 with future interest at 9% per annum from 02.06.2023 and entitlement to sell hypothecated property.
What the court decided
Presented on .. 02.06.2023 Registered on .. 04.11.2023 Decided on .. 18.07.2025 Duration .. Y—M—D 02--01--16
IN THE DEBTS RECOVERY TRIBUNAL AT PUNE (Before Shri Dilip G. Murumkar, Presiding Officer) ORIGINAL APPLICATION No. 1423/2023.
State Bank of India,
A Banking Company constituted under the State Bank of India Act, 1955 and having its Corporate Office at State Bank Bhavan, Nariman Point, Madam Cama Road, Mumbai 400021 and its branch at – Indapur where the Credit facilities were granted and thereafter account migrated to State Bank of India, Stressed Assets Recovery Branch, Second Floor, Wardhaman, Seven Loves Chowk, Plot No. 321/A/3, Mahatma Phule Peth, Pune 411042.
- … Applicant
Versus
- 1 Mr. Dagadu Bapu Gore, R/at Upalai (Kh) (Gorewadi), Taluka Madha, District Solapur 413 209.
- 2 Mr. Machindra Bapu Gore, R/at Upalai (Kh) (Gorewadi), Taluka Madha, District Solapur 413 209.
Sanap ( OA No. 1423/2023 ) 1 of 5
- 3 Mr. Bibhishan Gorakh Chaugule, R/at Anjangaon (Kh), Taluka Madha, District Solapur 413 209. … Defendants
Parties & counsel
- applicant
State Bank of India
Case details
As recorded by the court registry
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