Hdfc Bank Ltd. v. M/s. Omsai Professional Detective And Security Services Private Limited
Case brief
What is this about?
The Debts Recovery Tribunal allowed the bank's original application for recovery of dues as defendants appeared ex parte. The court held defendants jointly liable and directed issuance of a recovery certificate against properties and persons.
What did the court decide?
Direct order for joint and several liability of defendants to pay Rs. 2,74,00,119.53 with future interest and costs, and for sale of mortgaged properties to realize the debt.