The Tribunal allowed an Original Application filed by ICICI Bank for recovery of Rs. 28,85,601 from the defendant. Being in default of appearance, the defendant was set ex parte. The claim was supported by the evidence affidavit and documentary evidence.
Defendant to pay Rs. 28,85,601 with interest; applicant entitled to recover from 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 DEBTS RECOVERY TRIBUNAL.II AT HYDEMBAD DATED THIS THE 22"d DAY OF SEPTEMBER, 2023
PRESENT: SH. MMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
Original Application No: B0 OF 2022
ICICI Bank Limited, Situated at Khairatabad, Hyderabad. Rep by its Authorized Signatory.
.....Applicant.
Versus
Ramana Reddy Peddamallu S/o. Chlnna Konda Reddypeddamallu, Aged: 55 Years, Occ: Service, # Flat No. 506, Symphony Residency, Prakash Nagar, Kadapa-516004. .....Defendant
Counsel for the Applicant : Mr. B.praveen kumar Defendants : ExparteExparte
: ExparteExparte
::g.LLEB ::
2
oA.NO.80/2022
The point that arises for consideration is:-
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendant?
iii) the applicant bank is entifled for the costs. Z>'*o, , -!/ -9:_
oA.NO.80/2022
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PRESIDING OFFICE{
1 issue framed by the court
Whether the Applicant Bank is entitled to the claim made in the Original Application against the Defendant?
1 provisions across 1 enactments
ICICI Bank Limited
Sh. Mmeshwar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
