Bank of Baroda v. Abid Momin
Case brief
What is this about?
The Debt Recovery Tribunal, Pune, allowed an original application filed by Bank of Baroda for recovery of a defaulted term loan. Despite the defendants appearing ex-parte, the tribunal held the evidence of the bank sufficient.
What did the court decide?
Order of recovery of Rs. 25,07,122/- with future interest @9% p.a. secured by mortgage on immovable properties.
What the court decided
Presented on: 27.08.2021 Registered on: 10.04.2023 Decided on: 13.03.2026 Duration: Y M D 04 06 14
IN THE DEBTS RECOVERY TRIBUNAL AT PUNE (Before Shri Dilip G. Murumkar, Presiding Officer) ORIGINAL APPLICATION No.549/2023.
Bank of Baroda ,
A Nationalized Bank having its Head Office at Mandavi, Baroda, State of Gujrat and one of its branch at Branch of Badoda, Sangli Branch, Vakhar Bhag, (Mahaveer Nagar), High School Road, Sangli, District Sangli-416 416.
… Applicant
Versus
1. Mr. Abid Fazlurrahman Momin
- Mr. Asad Abid Momin
Both R/at – Shivaji Road, Momin Apartment, 1st floor, Miraj, Sangli-416 410.
… Defendants
APPEARANCES
Issues for consideration
1 issue framed by the court
Whether the respondent Defendants are liable to pay the outstanding term loan amount and future interest to the applicant Bank.
Parties & counsel
- applicant
Bank of Baroda
- respondent
Mr. Abid Fazlurrahman Momin
- respondent
Mr. Asad Abid Momin
Coram
Case details
As recorded by the court registry
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