The Debts Recovery Tribunal allowed the recovery application filed by State Bank of India against Defendant for the outstanding credit amount including interest and costs, issuing a recovery certificate.
Defendant liable to pay Rs.23,55,92/- with interest and costs; Recovery certificate issued.
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-I AT HYDERABAD DATED THIS THE 28TH DAY OF NOVEMBER'2024
PRESENT: SRI GUMMADI GoPICHAND, PRESIDING oFFICER
OA.No.28O ot 2O24
Between:
State Bank of India, Stressed Assets Recovery Branch_II, H.No.1-B-563/1, RTC "X,, roads. OPp Sandhya theatre, 1't floor, Chikkadpaily, Hyderabad_ 20, Telangana State. Represented by its Chief Manager
Applicant
VERSUS
Sri Tu m u lu riRa vin d ra, S/o Leela Laxminarayana S.astryTumuluri, aged about 55 yrs, Male, occ: Dy SS, South Central Railways, R/o H.No.12- Lt_lgL/tD, 30515, Brahma basti, Hyderabad Telangana - 5OO 061.
Defendant
Counsel for the parties: For the Applicant For the Defendant
Sri Arun Kumar Satyavolu Expa rte
ORDER
- The Appricant Bank fired the present oA against Defendant for recovery of a total sum of li:3&If,7g2l-(Rupees rwenty
Three Lakhs Fifty Five undred and Ninety Two only) with further interest @ o/o P. m date of filing of OA till the date of reatization. 2 g ||[V
(oA.N0.280 of 2024)
entitled for the claim made in the OA against the Defendant as prayed for?
7, Defendant remai,l#(hffi}N substantiate the case of the Applicant Bank, AW.1, offiiat of.tfu lica nt Bank was examined and he exhibited retelT,1fiffimilFn,, x.A1 to A.7. In view of the
(OA.No.280 of 2O2a)
above, I hold that the Applicant Bank has established their claim made in the oA against the Defendant and hence the Applicant Bank is entitled to recover the claim made in the OA with future interest and costs.
communicate a so-py of the order to the parties concerned.
....,'.;t., (Dictated to rv the..p.A:il lv i .' l', ,corrected, signed and pronounced by me in the open court on this the 2Bth of Nov,
sd/ - (G. GOPTCHAND) UE6QPYPRESIDING oFFlcER - (t- -- t-) a# As-tr;,',ii}o.aniqEI",'^ e I n.1f O.[,r
1 issue framed by the court
Whether the applicant bank is entitled to the recovery claim made in the OA against the defendant?
State Bank of India
Sri Gummadi Gopichand
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
