The Debts Recovery Tribunal allowed the Original Application filed by HDFC Bank Ltd. for the recovery of Rs.24,48,382.60 from the defendants jointly and severally with future interest and costs, holding the evidence sufficient to clinch the claim.
Defendants directed to pay Rs. 24,48,382.60 with future interest at 9.25% p.a. simple and costs.
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 TR]BUNAL-II AT HYDEMBAD DATED THIS THE 31Sr DAY OF JANUARY, 2025
PRESENT: SH. RAMESHWAR KoTHE, B.Com,, L.LB, (Hons.), M,A. PRESIDING OFFICFR
Original Application No: 757 OF 2022
H DFC Ba n k Ltd., fl.gvlngits office at # 1_10_60/3, 3'" Floor, Suryodaya Complex, Begumpet, Hyderabad - S0OOt 6. Rep. by its Authorjzed Signatory.
APPlica nt
versus
S/H/o. Pon nam Sai Babu, Age 33years, Occ: Business, R/ o.H.No.6-27 4/ A, Ftat No.G1, Sainath Na9ar, Rajarajeswari Residency, Nizampet, Hyderabad, Telanga na_ 5OO09O.
N iza mpet, Hyderabad, Telanga na_500090.
. ..... Defendants
Cou nsel for the Applicant :M/s.Srihari Bathina
Defendants
:Ex-parte
:: ORDER ::
OA.No.7s7l2022
2
set ex-Parteon 02.02.2024as
Whether theApplicant Bank is entitled for the claimmade in the OA against the Defendants?
3
OA.No.75t /ZOZ?
future interest @ 9.25o70 p.a. simple, from the date of application till the date of realization;
.'-
(RAMESHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled to the claim made in the OA against the Defendants?
1 provisions across 1 enactments
HDFC Bank Ltd.
Kukalakunta Lahari
M/s. Sai Srinivasa Techno Tutions.
RAMESHWAR KOTHE
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
