In an Original Application filed in the Debts Recovery Tribunal, a bank sought recovery of Rs. 21,82,955/- with future interest from two defendants who remained absent.
Defendants jointly and severally liable to pay sum of Rs. 21,82,955 with future interest @ 13% p.a. simple and costs.
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 DEBTSRECOVERYTRIBUNAL-II AT HYDEMBAD DATED THIS THE 28thDAY OF JULY. 2023
PRESENT: SH. RAMESHWARKOTHE, B.Com, L.LB' (Hons.),M.A' PRESIDING OFFICER
| Original Application NO: 513OF2022 | |
|---|---|
| ICICIBa Gachibo Serilinga Ranga R Represe AndPow |
nkLimited, wli, ICICITowers, mapallYMandal, eddyDistrict, ntedbyits AuthorizedSignatory erof AttorneYholder. ..... |
| VERSUS | |
| 1. | Mr. ChinatalaMallesh, S/o.YadagiriChinatala, Aged48years,Occ: SelfEmPloYee, R/o.6-32,NearHanumanTemPle, Rayagiri(Rural),Bhongir,NalgondaDistrict, Telangana State. |
| 2. . |
Mr. ChintalaMamatha, S/o,SurupangaBixaPathi, Aged40years,Occ:Housewife, No.6-32,Near Hanuman TemPle, Rayagiri(Rural),Bhongir,NalgondaDistrict, Telangana State. |
| .......Defendants | |
| C C |
ounselfor theApplicant:M.V.Kini ounselfortheDefendant:Ex-Parte OY" |
......Applicant
OA No.513/2022
ORDER
Whether the Applicant Bank is entitted for the claim made in tne oe agaiisithe Defendants and OA mentio-nii-hypothecated vehicle?
OA No.513/2022
Hence, I hold that the Defendants are jointly and severally liable to pay the OA claim to the Applicant Bank with future interest and costs.
iii) the applicant bank is entifled for the costs.
/4we lnAt'esnwnn KorHE) PRESIDING OFFICER
2 issues framed by the court
Whether the Applicant Bank is entitled for the claim made against the Defendants and the OA mentioned hypothecated vehicle.
Whether the Defendants are jointly and severally liable to pay the OA claim to the Applicant Bank with future interest and costs.
ICI Limited
Mr. Chinatala Mallesh
Mr. Chintala Mamatha
RAMESHWAR KOTHE
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
