Debts Recovery Tribunal allowed an original application filed by Union Bank of India for recovery of dues from respondents, holding them jointly and severally liable with future interest.
Allowed OA for Rs.33,38,098/- with future interest @7.50% p.a., costs, and authority to proceed against secured and personal assets.
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.
]N THE DEBTS RECOVERY TRIBUNAL-Ii AT HYDERABAD DATED THIS THE 2oth DAY OF IVIAY 2024
PRESENT: SH. RAIYESHWAR KOTHE, B.Com, L.LB. (Hons.), IvI.A. PRESlDING OFFICER
oA. NO. 306 0F 2023
Un ion Bank of India Mahendra Hills Bra nch Plot No.8, 5th Cross Trimurthy Colony, East Maredpa lly Secu nd e ra bad - 5 0 00 26, Telangana Rep. by its Branch Manager sri K Rambhoopal Reddy Applicant'
veTSUs
Counsel for the Applicant : Mr. Srinivasa Rao Chakrala Defenda nts : Ex_oarte. /Ws.t\
oA.305/2023.
2
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Whether the Applicant is entitled for OA claim against the Defendantsas PraYedfor?
0.A.?0612023.
(Dictated to the steno, signed and pronounced by me in the open court on this the 20th day of may, 2024).
firy,**' (RAMESHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant is entitled to the OA claim against the Defendants as prayed for?
Union Bank of India
Mr. Ramesh Mali
Mr. Lakshman Mali
Mr/s. Radha Krishna
Raiyeswarar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
