Indusind Bank v. Sunand
Case brief
What is this about?
Debts Recovery Tribunal allowed an original application filed by IndusInd Bank for recovery of Rs. 75,32,957.95 with interest and costs from the ex-parte defendants. The application for sale of mortgaged property was also allowed.
What did the court decide?
The respondents are directed to pay Rs. 75,32,957.95 with future interest and costs; OA claim is secured by mortgaged property; recovery certificate issued.
What the court decided
IN THE DEBTS RECOVERYTRIBUNAL-II AT HYDERABAD DATED THIS THE 25THDAY OF AUGUST,2026
PRESENT: SH.RAMESHWAR KOTHE,B,COM. L'LB. (HONS.), M.A. PRESIDING OFFICER
ORIGINAL APPLICATIONNO: 688 OF 2026
INDUSIND BANK, 4th Floor, SuryodaYa Chambers, Begumpet, Hyderabad,TelanganaState - 500016 ne6. ov itd Authorized RePresantative
. "" Applicant
Versus
- Mr. Sunand K K, S/o.Sunil Kumar K K Aged about 35years, Occ: Buslness Flat No. J-604,BollineniSilasAPartment Belathur Main Road,Kadugodi Near Mahaveer ProminadeApartment Kannaman Gala, Bangalore-560067,Karnataka.
Also At:
Scaledge IndlaPvt. Ltd., 28lA 2nd Cross,Phase1 Electronic City, Bangalore-560067,Karnataka
Also At:
509 Amrutha SarovarKompalle Vlllage Medchal Malkajgiri Hakimpet,Telangana-500014
Issues for consideration
1 issue framed by the court
Whether the Applicant Bank is entitled to the claim made in the OA against the Defendants and the mortgaged property?
Parties & counsel
- applicant
IndusInd Bank
- respondent
Mr. Sunand K K
- respondent
Mrs. Suman
Coram
Case details
As recorded by the court registry
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