InfraLive September-15, 2025

DRT Order Exposes Sashidhar www.infralive.com 12 InfraLIVE September 15, 2025 Order dated 26.10.2004 by DRT for recovery of Rs 14.75 cr IN THE DEBTS RECOVERY TRIBUNAL, II, MUMBAI. Before Shri. K. J. Paratwar. Presiding Officer. O. A. NO. 146/2002. HDFC Bank Ltd., a company incorporated under the provisions of the Companies Act, 1956 and having its Registered Office and one of its branch offices at Sandoz House, Dr. Annie Besant Road, Worli, Mumbai 400 018. .. Applicant Vs. 1. M/s. Beautiful diamonds Limited 2. Mr. Kishore K. Mehta 3. Mr. RajeshK. Mehta 4. Mr. KiranN. Shah 5. Mr. Govindbhai J. Patel 6. Mr RajeevK. Mehta 7. M/s. Beautiful Jewellers Pvt. Ltd .................................... 8. Bank of Baroda 9. State Bank of India 10. Standard Chartered Grindlays Bank 11. Global Trust Bank 12. Dena Bank 13. TheVysya Bank Ltd 14. UCOBank 15. Allahabad Bank Parade 16. CityUnion Bank Ltd 17. The Fuji Bank Ltd 18. Union Bank of India 19. Credit Lyonnais, Scindia House, Ballard Estate, Mumbai 400 038 20. UTI Bank Limited 21. IDBI Ltd JUDGEMENT (Delivered on this 26th day of October 2004) 1. The Defendant Nos. 1 to 7 have been sued in this Original Application for