In a debt recovery matter, the Debts Recovery Tribunal allowed the applicant bank's original application to recover a sum of Rs. 20,76,399/- openly before respondents who remained ex-parte. The court held joint and several liability.
Defendants jointly and severally liable to pay Rs. 20,76,399/- with future interest @11.5% p.a.; 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 RECOVERYTRIBUNAL-II AT HYDEMBAD
DATED THIS THE 3othDAY OF ]ANURARY,2024
PRESENT: SH. RAMESHWARKOTHE,B.COM, L.L.B'(HONS.), M.A.
PRESIDING OFFICER
ORIGINAL APPLICATIONNO' 567 OF 2023
ICICI Bank Limited Gachibowli, ICICITowers, Serllingampally Mandal, Ranga Reddy District, Rep by its AuthorizedSlgnatory
...........Applicant.
Versus
Aged:43years
Occ: Self EmPloYee
H.No.6-9, La xmin deviPalle, Arapalli, Karimnagar, Near Bus Stand, Karimnagar Tela nga na- 50 5 5 29
Occ: Self Employee
H.No. 1-79, Laxmindevipale, Arapalli, Karimnaga r, Near Government School, Ka rim naga r- 50 5 5 29
Tela nga na. Defendants. f-'.,t
2
oA.s67 /2023
: Exparte.Exparte.
ORDER
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants?
O'V*n
oa.56712023
3
the OA claim to the Applicant Bank with future interest and costs.
//\d,,"'t (R*[4ESHWAR 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?
ICICI Bank Limited
Mrs. Muthunoori Bhagya
Mr. Muthunoori Sathish
Mr. Manuku Gangarajan
Rameshwar Kothé
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
