This order by the Debts Recovery Tribunal-II at Hyderabad directed the recovery of dues of Rs. 2,00,27,995.11 from two defendants in an original application filed by Union Bank of India for loan amounts, along with costs and a recovery certificate.
Order allowed; Defendants liable to pay Rs. 2,00,27,995.11 with 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.
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IN THE DEBTS RECOVERYTRIBUNAL-II AT HYDERABAD
DATED THIS THE 8th DAY OF AUGUST, 2023
PRESENT: SH. RAMESHWAR KOTHE, B.COM., L.LB.(HONS.), M.A.
PRESIDING OFFICER
Original Application No: 289 OF 2023
Union Bank of India, (formerly Corporation Bank) Branch Office at4/659, Chintalarayungudi Veedhi, Tadipatri, Ananthapur, Andhra Pradesh-51541 1, Rep. by its Authorized Officer.
....,,Applicant
VERSUS
Also at:
Door No. 6-5-486, Sri Nilayam Justice M Ranga Reddy House, 1't Floor, Near Ram Nagar Bridge, Anantapur - 515004.
oA No.289/2013
2
Counsel for the Applicant Counsel for the Defendant
: Ms. Tarangini PisiPati
:Ex-Parte
ORDER
Whether the ApplicantBank is entitled for the claimmadein theOA against the Defendantsand OAschedulepropefties?
zX$rua"'4c'
3
OA No,289/2013
clinches the claim of ted Applicant Bank against the
Defendants. Hence, I hord t1e the Defendants are iointly and
severa[y riabre to pay the ohat A claim to the Appricant Bank with
future interest and costs.
allowed as under: _
4
OA No.289/2013
O##* (RAMESHWAR KOTHE) PRESIDING OFFICER
3 issues framed by the court
whether the Applicant Bank is entitled for the claim made in the OA against the Defendants and the schedule properties?
whether the Defendants are jointly and severally liable to pay the claimed amount with future interest and costs?
whether the OA claim is secured by way of hypothecation/mortgage of properties described in the schedules?
Union Bank of India
Nuthanapti Chithambar
Pathakumari Sujatha
RAMESHWAR KOTHE
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
