State Bank of India v. Vipin
Case brief
What is this about?
A Debt Recovery Tribunal case where the applicant bank sought recovery of a housing loan default. The tribunal, noting the defendants' absence, allowed the application and directed payment via a recovery certificate.
What did the court decide?
Directed respondents to pay Rs. 44,81,217 plus interest within 30 days; authorized recovery from sale of mortgaged flat.
What the court decided
O.A. No.328 of 2024
Debts Recovery Tribunal-I, Delhi 4th floor, Jeevan Tara Building, Parliament Street, New Delhi
Presiding Officer: Shri Govind Ballabh Sharma
O.A. No. 328 of 2024
State Bank of India
Stressed Asset Recovery Branch,
Branch II, SBI House, 4th floor
18/4, Arya Samaj Road Karol Bagh, New Delhi-110005 Applicant
Versus
. Sh. Vipin Kumar s/o Sh.Ajab Singh
Flat no.101, UGF, Plot no.90,
Block- Extinguisher, Ishu apartment, L-Block, Khasra no.731, Mahipalpur New Delhi-110037
Parties & counsel
- applicant
State Bank of India
- respondent
Sh. Vipin Kumar s/o Sh. Ajab Singh
- respondent
M/s Shree Vardhman Developers Pvt. Ltd.
Coram
Case details
As recorded by the court registry
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