The Debt Recovery Tribunal allowed an original application filed by Punjab National Bank for the recovery of a debt of approximately Rs. 61.32 lakhs from two defendants, holding them jointly and severally liable and issuing a recovery certificate.
Defendants liable to pay Rs. 61,31,994.90 plus future interest; Recovery Certificate issued.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE DEBTS RECOVERY TRIBUNAL-II AT HYDERABAD
DATED THIS THE 27Th DAY OF SEPTEMBER, 2023
PRESENT: SH. MMESHWAR KOTHE, B.Com., L.LB. (Hons.), tvl.A. PRESIDING OFFICER
Original Application No: !92 OF 2022
Punjab National Bank, Circle SASTM Hyderabad, Rep. by its Chief Manager And Power of Attorney Holder. .....Applicant
VERSUS
1. Bhukya Ramesh
S/o. Bhukya kapurya
R/o. Kalmet Thanda, Janpahad,
Nereducherla Mandal,
Nalgonda-508218
2. M/s CGR Co aterat Management Ltd,
4OL-LOZ,4th Floor, KJ City Tower,
Ashok Marg, C-Scheme,
Jaipur, Rajsthan-302001. .....Defendants
Counsel for the Applicant : Mr. SMVAN KUMAR MANNAVA
Counsel for the Defendant : Ex-parte
ORDER
OA No,L92l2022
monthly including penal interest at 2olo interest from the date of OA to till the date of realization.
were set exparte on 06.03.2023 as called absent and no
representation.
as AW-1 and marked 7 documents through him as Ex. A.1 to
Ex. A.7.
materiar praced on record.
7 : ?;: 5 ; :; :"'.:: ! y;: #;it:i {;'?
- In the result, the present Original Application No.tg2/2022 is
allowed as under: '
7fu1'**
OA No.192/2022
H(,* (RAT4ESHWAR KOTHE) pnesrotr.tc orrtcr{
Punjab National Bank
Bhukya Ramesh
M/s CGR Catering Management Ltd
MMeshwar Kotha
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
