Hdfc Bank v. Tanveer Ahmed
Case brief
What is this about?
The Debt Recovery Tribunal allowed the applicant bank's application for recovery of dues aggregating over Rs. 35 lakhs from the defendant. The tribunal noted the defendant's absence and approved reduced interest of 12% per annum.
What did the court decide?
Recovery of Rs.35,33,998.67 plus pendentelite and future interest @12% per annum and costs.
What the court decided
O.A. No.522 of 2023
Debts Recovery Tribunal-I, Delhi 4th floor, Jeevan Tara Building, Parliament Street, New Delhi
Presiding Officer: Shri Govind Ballabh Sharma
O.A. No. 522 of 2023
HDFC Bank td.
Plot no.31, Najafgarh Road Industrial area ower A, 1st floor, Shivaji Marg, Moti Nagar, New Delhi-110015
Applicant
ersus
Mr. Tanveer Ahmed
-7, Vistar-2, Gali no.12 Ramesh Park, Laxmi Nagar
•hakarpur, Delhi-110092 Defendant
resent: Ms. Amita Kumari, Counsel for the applicant bank
Issues for consideration
1 issue framed by the court
Whether the applicant bank is entitled to recovery of outstanding dues along with interest and costs.
Parties & counsel
- applicant
HDFC Bank
Coram
Govind Ballabh Sharma
Case details
As recorded by the court registry
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