Hdfc Bank v. Ankush Rao
Case brief
What is this about?
The Tribunal allowed an original application filed by HDFC Bank for recovery of dues against the defendant who defaulted on a sanctioned Cash Credit facility, granting the decree ex-parte as the defendant did not appear.
What did the court decide?
Directed payment of Rs.1,06,59,926/- with interest within 30 days and recovery via sale of hypothecated assets if not paid.
What the court decided
O.A. No.370 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.370 of 2024
HDFC Bank Ltd.
Department of Special Operations Ground Floor, Gulab Bhawan 6, Bahadurshah Zafar Marg, New Delhi-110002
Applicant
Versus
- Sh.Ankush Rao s/o Krishan Kumar Yadav Proprietor M/s Santoshi Enterprises Village Garauli Khurd, Santoshi Enterprises Main Pataudi Road, Tehsil Qadipur, Near Hanuman Mandir Gurgaon, Haryana-122001
Also at:
Sh.Ankush Rao s/o Krishan Kumar Yadav H.No.5/122, Street No.5, Near Hanuman Mandir
Shivaji Nagar, Gurgaon, Haryana-122001
Parties & counsel
- applicant
HDFC Bank Ltd.
Coram
Govind Ballabh Sharma
Case details
As recorded by the court registry
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