Idbi Bank v. Godwin
Case brief
What is this about?
The Debts Recovery Tribunal allowed an original application filed by IDBI Bank against two borrowers for recovery of dues aggregating Rs. 83,99,451/- arising from a home loan and insurance premium facility. The tribunal confirmed the default, validated the bank's evidence, and ordered recovery with interest.
What did the court decide?
Recovery of Rs. 83,99,451/- with further interest at 10.85% p.a. and costs; liberty to sell mortgaged property.
What the court decided
O.A. No. 343 of 2024
07.07.2026
1
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 07th day of July, 2026
Present: SMT. S.V. GOWRAMMA
Presiding Officer
ORIGINAL APPLICATION No. 343 of 2024
IDBI Bank Limited, Avadi Branch, No. 2, MTH Road, Bhaktavatsala Puram, Avadi, Chennai - 600 071, Represented by its Authorized Signatory. ….Applicant
-Vs-
- Mr. J. Godwin, S/o. Mr. Joseph, Residing at No. 3, 5th Street, Rajamangalam, Villivakkam, Chennai - 600 049.
- Mrs. S. Delhi Rani, W/o. Mr. Sadasivam, Residing at No. 3, 5th Street, Rajamangalam, Villivakkam,
Issues for consideration
3 issues framed by the court
Whether the Original Application filed under Section 19(1) of the RDB Act is maintainable and within limitation for recovery of home loan and insurance premium dues.
Whether the defendants were properly placed ex-parte and failed to contest the claim.
Whether the applicant bank is entitled to a final order for recovery of dues along with interest and costs.
Parties & counsel
- applicant
IDBI Bank Limited, Avadi Branch
- respondent
Mr. J. Godwin
- respondent
Mrs. S. Delhi Rani
Coram
Case details
As recorded by the court registry
Similar cases
Judgements on the same questions, provisions and authorities, from every court