Original Application allowed ex-parte. Court held Defendant liable to pay principal sum of Rs. 37,27,124.82 with future interest at 12% p.a. costs and recovery certificate issued.
Defendant directed to pay Rs. 37,27,124.82 with future interest at 12% p.a. costs awarded. 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-II AT HYDERABAD DATED THIS THE 23RD DAY OF OCTOBER, 2025 PRESENT: sH. RAMESHWA ,*$#RIT;t.t"fl 'L LB' (Hons )' M'A'
Original Application No: 157 OF 2OZ5
ICICI Bank Ltd., ICICI Towers, Gachibowti :erilingampay Mandat,Ranga Reddy District. Rep. by its Authorised Signaiory.
.... .Applica nt
Versus
5].r^al lfum.ar Tgegulla, S/o. Sathyanarayana teegulla, Age 37 years, Occ: pnvate 5€rvrce,..H. No. 40_160, Kasturba Nagar Moula Ati, Hyderabad _ 5OOO4O.
Also at:5:L lfyr.u.,^":qu a, s/o.sathyanarayana reegufla, Age 37 years, Occ: private Service, Shell Info Technologies pvt Ltd., uetolrre I owers, H Block, Field Waikup I\4eenakshi Tech park, Hyderabad _ SOOOfZ.
, ..... Defendant
Counsel for the Applicant
Defendants
I4ls. Lotus Law Assocjates
Ex- pa rte
:: oRDER ::
OA.No.157l2025
2
Thepoint that arises for considerationis:-
Whetherthe Applicant Bankis entitled for the ctaimmade in the OA against the Defendant?
OY**
oA.No,157/2025
3
(RAMESHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled to the claim made in the Original Application against the Defendant?
1 provisions across 1 enactments
ICICI Bank Ltd.
RAMESHWAR KOTHE
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
