Hdfc Bank Ltd. v. Global Energy
Case brief
What is this about?
The Tribunal ordered the Amount claimed to be paid to the applicant bank.
What did the court decide?
The defendants are jointly and severally liable to pay the claimed sum with future interest and costs; the OA claim is secured by hypothecated vehicles; recovery certificate is directed.
What the court decided
IN THE DEBTS RECOVERY IRIBUNAL-II AT I,IYDERABAI) DATED THIS THE 25I'I DAY OF JULY, 2025 PRESENT: SH. RAMESHWAR KOt-HE, B.Com., L.LB. (Hons.), M.A. PRESIDINC OFFICER
ORIGINAL APPLICATION No: 360 OF 2024
HDFC Bank Ltd., Having its office at # 1-10-60/3, 3'd Floor(34), Suryodaya Com'plex, Begumpet, Hyderabad - 50OOt6. Rep. by its Authorized Signatory.
.....Apptj(jant.
Versus
- Global Energy., Plot No.7 11plot No.203, Shathahana Naga, Satya Sagar Colony, Near EURO Kids School, Vanasthallpuram Hayathnagar, Hyderabad, Telangana_50007l.
- Ms. Yelineni Kranthirmaya Plot No.7 11plot No.203, Shathahana Naga, Satya Sagar Colony, Ncar EURO Kids School, Vanasthallpuranr Hayathnagar, Hyderabad, Telangana_50007j.
- Mr. Bobbaphani Kumar Plot No.7 11plot No.203, Sharhahana
- Naga, Satya Sagar Colony, Near EURO Kids School, Vanasthallpurant
Hayathnagar, Hyderabad, Telangana-500071. ...DefenC,:nrs
Issues for consideration
2 issues framed by the court
Whether the applicant bank is entitled for the claim made in the original application against the defendants and the hypothecated vehicles?
Whether the defendants are jointly and severally liable to pay the loan amount with interest and costs.
Parties & counsel
- applicant
HDFC Bank Ltd.
- respondent
Global Energy
- respondent
Yelineni Kranthirmaya
- respondent
Bobba Phani Kumar
Coram
Case details
As recorded by the court registry
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