Debts Recovery Tribunal allowed the original application filed by the bank for recovery of a sum of Rs. 28,55,237.35 with future interest from an ex-parte defendant following service by publication.
Defendant liable to pay Rs. 28,55,237.35 with future interest; recovery certificate issued; costs awarded; proceedings against person and properties directed.
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IN THE DEBTS RECOVERY TRIBUNAL.II AT HYDERABAD
DATED THIS THE 22ND DAY OF APRIL, 2025
PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
Original Application No: 199 OF 2022
HDFC Bank Ltd., One of its Branch office at 1-10-60/3, 3'd Floor, Suryodaya Complex, Begumpet, Secunderabad Mandal, Hyderabad - 500 016. Rep. by its Legal Manager.
...Applicant
Versus
NIr.56n1"", KatiYar, Si o.Ramavtar Munshilal Katiyar, Aged about 53 Years, Occ: Business, R./o.Flat No.202, G Block, Bhavyas, Tulasivanam Apts, Navodaya Colony, Usha Mullapudi Cardio Hospital Road, Hvderabad - 500072.
Also at: -
Cio.J P Morgan Service India Pvt. Ltd., 9'n Floor, Building No.11, Raheja IT Park, Mind Space, Madhapur, Hyderabad - 500081.
A.lso at:H.No.9/1, Sadanwadi, Lake Road, Near Bhandup Police Station, West Mumbai, Maharastra - 400078.
...... Defendant
Counsel for the Applicant : M/s.M.Srinivas Reddy <sup>(,, Defendants : Exparte.]f%O*^
oA.No.199/2022
2
::qLLE&::
Rs.28,55,237.35PS p.a. from the date of applicationtill the date of realisation along with costs.
on 24.08.2022 ascalled absent and
was setex-parte representation.
Whether the ApplicantBank is entitled for the claim madein the OA against the Defendant?
allowed as under:-
OA.No.199/2022
3
0w",@ (RAMESHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the applicant bank is entitled to recover the claimed sum with future interest and costs against the defendant?
HDFC Bank Ltd.
Mr. N.S. Ramakant Katiyar
Rameshwar Kothé
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
