Hdfc Bank v. Ajay Sharma
Case brief
What is this about?
Debts Recovery Tribunal allowed an application by HDFC Bank for recovery of Rs. 31.53 lakhs and interest from Mr. Ajay Sharma, an absent defendant, and directed issuance of a recovery certificate.
What did the court decide?
Allowance of original application; direction to pay Rs. 31,53,484.48 + interest @12% p.a. + costs within 30 days; recovery certificate issued directing realization from hypothecated vehicle.
What the court decided
T.A. No. 32 of 2022
Debts Recovery Tribunal-I, Delhi 4th floor, Jeevan Tara Building, Parliament Street, New Delhi
Presiding Officer: Shri Govind Ballabh Sharma
T.A. No.32 of 2022
HDFC Bank Ltd.
Plot no. 31, Najafgarh Road Industrial area Shivaji Marg, Moti Nagar New Delhi- 110015
Applicant
Versus
Mr. Ajay Sharma Cell4u G 59 and B 57
Plot no.17, Aggarwal City Plaza Sector 3, Manglam Place Rohini, New Delhi-110085
Also At:
CD-59 C, Pitam Pura, North West, Delhi -110088 Defendant
Present: Mr. Amita Kumari, Ld. Counsel for the applicant bank
Issues for consideration
1 issue framed by the court
Whether the applicant bank's claim for recovery of loan dues is maintainable and deserving of allowance.
Parties & counsel
- applicant
HDFC Bank Ltd.
Coram
Govind Ballabh Sharma
Case details
As recorded by the court registry
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