Applicant Bank filed OA for recovery of Rs. 27 lakhs with future interest. Defendants were ex-parte. Court held Defendants jointly and severally liable to pay claim with interest and costs, and issued Recovery Certificate.
Defendants directed to pay Rs.27,48,130.29 with future interest @ 10.5% p.a., costs, and Recovery Certificate issued.
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 27IH DAY OF FEBRUARY, 2025
PRESENT: SH. RAMESHWAR KoTHE, B.Com., L,LB. (Hons.), M.A. PRESIDING OFFICER
Original Application No: 521 OF 2023
H DFC Ba nK Ltd., Having its office at + 1-10-60/3, 3'" Floor, Suryodaya Complex, Beg umpet, Hyderabad - 500016. Rep. by its Authorized Signatory.
APPlica nt
versus
Also at:-
Kante Sai Charan, S/o.Venkat Swamy Kante, Age 33 Years, Occ:private Service, C/o.HDFC Bank Limited, B-urugula VC Complex, Above HDFC Bank, 1" Floor, Balkampet Road, Ameerpet, Hyderabad - 500016.
. ..... Defendants
Counsel for the Applicant : M/s.Lotus Law Associates
Defendants : Ex-parte l*y,,.ro '-i-
oA.No.521/2023
2
:: ORDER::
Whetherthe Appticant Bank is entitled for the ctaimmade in the OA against the Defendants?
OA.No.521/2023
3
future interest@ 10 5olo p'a simple' from thedateof applicationtill the date of realization;
//P,/v\*
isnr,rlnc xorne) 'pneslolttc oFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants?
HDFC Bank Ltd.
1. Kante Sai Charan
2. Durga Bhavani
Rameshwar Kothé
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
