Icici Bank Limited v. K R Agency
Case brief
What is this about?
Allowed an Original Application filed by a Bank for recovery of ₹26,14,801.60 along with future interest and costs against defendants who remained ex-parte. Issued a Recovery Certificate.
What did the court decide?
Defendants liable to pay ₹26,14,801.60 plus future interest @17.50% p.a. and costs; Recovery Certificate issued.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL-II AT HYDEMBAD
DATED THIS THE 23RD DAY OF OCTOBER, 2025 ' PRESENT: SH. MMESHWAR-KOTHE, B,Com., L.LB. (Hons.), M.A.
PRESIDING OFFICER
Original Application No: 132 OF 2OZ5
ICICI Bank Ltd.,
Gachibowli, ICICI Towers
Serilingampally Mandal, Rangareddy District. Rep. by its Authorized Signatory.
...Applicant
Versus
- K R Agency.,
Rep by itspartners
House No.4-6-97l5, Ram Bagh
Near Sriniketan School, Attapur
Issues for consideration
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants?
Parties & counsel
- applicant
ICICI Bank Ltd. (Rep. by its Authorized Signatory)
- respondent
K R Agency. (Rep. by its partners)
- respondent
Pravin Agarwal
- respondent
Kavitha Agarwal
Coram
Case details
As recorded by the court registry
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