The Debt Recovery Tribunal allowed the Original Application filed by IDBI Bank for the recovery of Rs. 21,01,374.63 plus interest from the joint and several defendants jointly and severally liable.
Defendants liable to pay Rs. 21,01,374.63 with 10.80% p.a. interest; applicant bank entitled to proceed against assets and properties; costs awarded.
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 DEBTSRECOVERY TRIBUNAL-II AT HYDEMBAD
DATED THISTHE 13THDAY OF APRIL,2023
PRESENT: SH. RAMESHWARKOTHE,B.COM, L.LB. (HONS.),M'A. PRESIDINGOFFICER
oA. NO. 3tOF 2022
IDBI Bank Limited L.B. Nagar Branch Hyderabad. ii6i. ov [i Recovery orflcer'
""Applicant
Versus
Mrs. Chinta Sarada
3- 13-88, GroundFloor Rajiv GandhiNagar Saroornagar,L.B. Nagar,
Hyderabad -500 074.
Age: 56 Years Rlo t6-9-380/Bl3/F7 Old Malakpet,KPHB Colony Amberpet,HYderabad Telangana - sOO OzO. "Defendants'
Counsel for the Applicant: Mr' Trivikram Chitturu' '. Ex-Parte Defendants
::g-LLEB-::
oa.37/2022
monthly rests from the date of Application till the date of realisation a long with costs.
Manager as AW-1 and marked 5 documents through him as Ex.
A.1 to Ex. A.5.
material placed on record.
Whether the Appticant Bank is entiued for the claim made in the OA against the Defendants and OA schedule assets?
allowed as under: - ,,71w"* -.//,/t .'
(_>/
oA.3112022
W{',t* (RAMESHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled to the claim made in the OA against the Defendants and OA schedule assets?
IDBI Bank Limited
M/s. Samatha WheelCare
Mrs. Chinta Sarada
Mr. Chinta Satyanarayana
Rameshwar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
