Hdfc Bank Ltd. v. Mr. Shyam Ileni
Case brief
What is this about?
A Debt Recovery Tribunal allowed the application filed by HDFC Bank Ltd. for recovery of a sum of Rs.25,70,824.16 along with future interest and costs against the non-appearance of the defendant. The court directed the issuance of a Recovery Certificate.
What did the court decide?
Defendant directed to pay Rs.25,70,824.16 plus future interest; Recovery Certificate issued; Costs awarded.