The Debts Recovery Tribunal allowed the applicant bank's original application for recovery of Rs. 33,08,656.81 plus future interest and costs from the defendants, who appeared ex parte.
Directions to pay Rs. 33,08,656.81 with future interest at 18% p.a. and costs; recovery certificate issued; proceed against person and properties.
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 HYDERABAD DATED THIS THE O4rH DAY OF NOVEMBER, 2025 PRESENT: SH. RAT4ESHWAR KOTHE, B.Com., L.LB. (Hons.), 14.A. PRESIDING OFFICER
Original Application No: 124 OF 2024
ICICI Bank Limited., Gachibowli, ICICI Towers Serilingampally Mandal, Ranga Reddy District. Rep. by its Authorized Signatory.
...Applica nt
Versus
Also at:AI4BA Bhavan i Hotels., Rep by itsproprietor, Mr. Dilip Kattam Regd. Office at Ground Floor 55/ll/76, Shed No.9, Auto Nagar Vijayawada - 520007, Andhra pradesh.
Also at:-
l,lr. Dilip Kattam, S/o.Kattam Thirupathi Age 30 Years, Occ: Business 6-4-297/9/3, I B Cotony, codavarikhani Ramagundam, Karimnagar Tela ngana State - 505209.
. ..... Defendants
Counsel for the Applica nt : lY/s. M.V.Kini Defenda nts ; Ex-parte
oA.No.124l2024
:: g-LLEL::
Whether the ApplicantBank is entitledfor the claim made in the OAagainst the Defendants?
3
OA.No.724l2024
future interest @11olo p.a. simple, from the date of application till the date of realization;
rlw* (RiETqESHWAR KOTHE) PRESIDING OFFICER
2 issues framed by the court
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants?
Whether the Defendants are jointly and severally liable to pay the OA claim with future interest and costs?
1 provisions across 1 enactments
ICICI Bank Limited
P. Balaji Bhavani Hotels
Mr. Dilip Kattam
Rateshwar Kothè
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
