The Debt Recovery Tribunal, Hyderabad, decided an ex-parte original application filed by HDFC Bank Ltd. for recovery of dues. The Court held the defendant liable and directed payment of the claimed sum with interest and costs.
Defendant liable to pay Rs. 30,07,633.20 as on 24.08.2022 with future interest @ 10.75% p.a. simple; bank entitled to pendente lite 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 TRIBUNAL-II AT HYDERABAD DATED THIS THE 31ST DAY OF ]ANUARY, 2025
PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB. (HonS.), IY.A, PRESlDING OFFICER
Original Application No: 818 OF 2022
H DFC Ban k Ltd., One of its Branch office at 1-10-60/3, 3'd Ftoor, Su ryodaya Complex, Opp Shoppers Stop, Secunderabad Mandal, Begumpet, Secunderabad District - 500 016. Rep. by its Legal Manager.
...Applica nt
Versus
M r.Audireddy Su resh, S/o.Audireddy Venkateswarlu, Age lvlajor, Occ: Private Employee, Room No.503, Yogitha Arcade, Balaji Nagar, Kukatpally, Hydera bad, Telangana - 500072.
Also at:[4 r.Aud ireddy Suresh, S/o.Audireddy Venkateswarlu, Age Major, Occ: Private Employee, C/o.Tata Consultancy Services Limited, TCS, Wh itefield, Benga lu ru, Bangalore, Karnataka - 560048.
Also at:14r.Aud ireddy Suresh, S/o.Audireddy Venkateswarlu, Age Major, Occ: Private Employee, Timma Reddy Palem, Nellore, Andhra Pradesh - 524240.
.... .. Defendant
Counsel for the Applicant : M/s.M.V.Kini
Defenda nts
.Ex-parteayr\s
OA.No.818/2022
2
:: CLLLE& ::
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendant?
OA.No.818/2022
PRESIDING OFFICER
2 issues framed by the court
Whether the Applicant Bank is entitled to the recovery claim against the Defendant?
Whether the Defendant is liable to pay the OA claim with interest and costs?
1 provisions across 1 enactments
H DFC Bank Ltd.
Mr. Audireddy Suresh
Rameshwar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
