The Tribunal awarded Rs. 53,43,347 plus interest against two defendants ex-parte. It held them jointly and severally liable and upheld the bank's right to recover dues via mortgage and properties.
Recovery of Rs. 53,43,347 plus 10.75% interest and costs from defendants; enforcement via 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.
IN THE DEBTSRECOVERY TRIBUNAL-IIAT HYDEMBAD
DATED THISTHE19THDAY OF ]UNE, 2023
PRESENT:SH. RAMESHWAR KOTHE,B.COM, L.LB. (HONS.), M.A. PRESIDING OFFICER
Original ApplicationNO:-805OF 2022
Union Bankof India (e-Andhra Bank) SantoshnagarBranch Hyderabad Rep. by lts BranchManager.
. , ..Applica nt.
Versus
)
... Defendants.
Counsel for the Applicant: lvlr. Srinivasa RaoChakrala.
Defendants : Ex-Parte. EY€
oA.8Osl2O22
:: ORDER::
Manager as AW-1 and marked 16, documents through him as
Ex. A.1 to Ex. A.16.
written arguments and material placed on record.
Whether the Applicant Bank is entitted for the claim made in the OA against the Defendants and OA schedute property as prayed for?
trlryn
oA.8Osl2O22
3
to pay the OA claim to the Applicant Bank with future interest and costs.
(RAMESHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants and OA schedule property as prayed for?
1 provisions across 1 enactments
Union Bank of India (e-Andhra Bank) Santoshnagar Branch Hyderabad Rep. by its Branch Manager
Ms. Kothapalli Malavya Madhuri
Mrs. K.R. Symala Kumari
Rameshwar Kothé
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
