Debts Recovery Tribunal allowed the Applicant Bank's original application for recovery of Rs. 21,13,206.33 plus interest and costs against the defendant who remained ex-parte.
Defendant is to pay Rs. 21,13,206.33 with future interest at 10.25% p.a., costs, and issue a Recovery Certificate.
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 HYDEMBAD DATED THIS THE 3oth DAY OF APRIL, 2025
' PRESENT: SH. MMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
Original Application No: 169 OF 2023
HDFC Bank Ltd., Qne ofits Branch office at1-10-60/3, 3'o Floor, Suryodaya Complex, Begumpet, Hyderabad - 500 016. Rep. by its Authorized Signatory.
...Applicant
Versus
Mr.Vakkuntula Srikanth, S/o.V.Venkateswarlu, Occ: Business, Aged 29 Years, R/o.H.No.G2, Sapthagiri Homes, Nizampet Near, Panchayati Office, Hyderabad, Telangana - 500090.
Also at:203, lLs/L,Isb Rd, Financial District, Gachibowli, Nanakramguda, Hyderabad, Telangana - 500032.
Also at:-
H.No.445 Chennayapalem, NTR Statue, Machavaram, Guntur, Andhra Pradesh - 5223t5.
......Defendant
Counsel for the Applicant : M/s.Srihari Bathina Defendants , : Ex-parte
:: ORDER ::
oA.No.169/2023
defendant with futureinterest @10.25olop.a, along @2olo p.m'from the date of application tillthe date of realisation along with .ot,t'
Whether the Applicant Bank is entitled for the claim made in the OA againstthe Defendant?
3
OA.No.159/2023
t - .", , t' _' -
:
(RAMESHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendant?
HDFC Bank Ltd.
Rameshwar Kothé
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
