Idbi Bank v. Anand Kumar
Case brief
What is this about?
The Debts Recovery Tribunal, Patna, on an ex-parte application, allowed IDBI Bank to recover a debt of Rs. 32,90,269 from borrowers Anand Kumar and Nitu Bhagat, along with interest, and directed the issuance of a recovery certificate under Section 19(22).
What did the court decide?
Recovery of Rs. 32,90,269 with interest @ 10% p.a. from 04.11.2024, costs, attachment of mortgaged assets, and issuance of Recovery Certificate.
What the court decided
1
OA 558 of 2024jJ I
DRT, PATNA
Debts Recovery Tribunal, Patna Karpuri Thakur Sadan, Aashiana Digha Road Patna-800025
Presiding Officer : Shri Kaushalendra Yadav OA Case No. 558 of 2024
IDBI Bank Limited, represented through its A.G.M.-cum-Recovery Officer, Retail Recovery, Regional Office, 3’d Floor, Sai Corporate Park, Rukanpura, Bailey Road, Patna
. . . . . . .Applicant
Vs.
- Anand Kumar (Borrower), S/o Jainath Bhagat, R/o Krishna Nagar, Ward No.22, Batraha, District- Saharsa, Bihar-852201, PAN No. BMKPK7984G
- Nitu Bhagat (Co-borrower), W/o Anand Kumar, R/o Krishna Nagar, Ward No.22, Batraha, District- Saharsa, Bihar- 852201, PAN No. CRNPB7413A
. . . . . . . Defendants
Present:
Issues for consideration
2 issues framed by the court
Whether the defendants are liable to repay the loan amount of Rs. 32,90,269 along with interest.
Whether the Tribunal has jurisdiction to adjudicate upon the application filed by the bank.
Parties & counsel
- applicant
IDBI Bank Limited
- respondent
Anand Kumar
- respondent
Nitu Bhagat
Coram
Case details
As recorded by the court registry
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