Bank of Baroda v. Raj Kumar
Case brief
What is this about?
The Debts Recovery Tribunal allowed the Bank of Baroda's original application for recovery against a defendant who absented himself from the proceedings. The Court accepted the Bank's documentary evidence without rebuttal.
What did the court decide?
Recovery of Rs. 46,62,933/- with interest at 12.55% p.a. from date of filing, recoverable from sale of hypothecated assets and subsequently other properties.
What the court decided
T.A. No. 2096 of 2022
Debts Recovery Tribunal-I, Delhi 4th floor, Jeevan Tara Building, Parliament Street, New Delhi
Presiding Officer: Shri Govind Ballabh Sharma
T.A. No.2096 of 2022
Bank of Baroda
Jeevan Vikas, 30/31-A,
Asaf Ali Road, New Delhi-110002
Applicant
'Iersus
Mr. Raj Kumar Proprietor of M/s Nine Cable Network
310, Prakash Gali
teliwara, Delhi-110006
Defendant
Issues for consideration
2 issues framed by the court
Whether the debtor's failure to appear and file written statement justifies an ex-parte disposal in favor of the creditor.
Whether the documentary evidence provided by the Bank of Baroda sustains its claim for recovery under the RDB Act.
Parties & counsel
- applicant
Bank of Baroda
Coram
Govind Ballabh Sharma
Case details
As recorded by the court registry
Similar cases
Judgements on the same questions, provisions and authorities, from every court