Debts Recovery Tribunal allowed the Bank's Original Application for recovery of dues and future interest from Defendants jointly and severally liable, secured by mortgage property.
Direct recovery of Rs.25,99,311.82 plus future interest, costs, and rights over mortgaged property.
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.
,,ORIGlNAU'
IN THE DEBTS RECOVERY TRIBUNAL-II AT HYDEMBAD DATED THIS THE 27th DAy OF SEPTEMBER,2O2g
PRESENT: SH. MMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
Original Application No: 793 OF 2022
The South Indian Bank Limited, 15716, Ground Floor, CHAI Complex, Gunrock Enclave, Staff Road, Secunderabad-500009, Represented by its Branch Manager .....Applicant.
Versus
ch. Counsel for the Applicant : Smt. .0'h Laxnri Chaya Defendants :Exparte
:: ORDER::
ffi^-'
2
oA.79312022
severally with future interest @ 9.75% p.a. with monthly rests from the date of application till the date of realisation along with costs, and in default, for sale of OA schedule property.
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants and OA schedule property?
4ry<**
oA.7e3lZO22
/l^Y.d*e (RAI[4ESHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled to the recovery claim made in the Original Application and against the OA schedule property?
South Indian Bank Limited
Sh. Mmeshwarkoth
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
