Debts Recovery Tribunal allowed the Original Application filed by State Bank of India for recovery of loan dues from Saraswathi Traders and Sri M. Anjaneyulu, holding them liable with future interest and costs.
Defendants jointly liable to pay Rs. 22,07,277/- with future interest and costs; 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 17TH DAY OF ]UNE, 2025
PRESENT: SH. RAN4ESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFlCER
ORIGINAL APPLICATION No: 17 OF 2025
State Bank of India., RASN4ECCC & SARC, Door No.19-3-13, Hero Showroom (Upstairs), Renigu nta Road, Tirupati District. Rep. by its Chief Manager.
.....Applicant.
Versus
Also at:D.No.22-19-1lC, Ravindra Naga r, Thirupathi - 517501.
. .. Defendants
: I\4/s.G.Prabhakar Sarma Counsel for the Applicant Defendants : Ex-parte
:: o-LLq& ;:
oa.No.17l202s
A/c. No.42523165966 fromthe defendantsjointlyand severally with future interest @12.75olop.a. from the date of application till the date ofrealization along with costs and in default for sale of hypothecatedvehicle.
were set ex-parte representation.
ffiaV.$
oA.NO.17l202s
(RAMESHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the Original Application against the Defendants regarding hypothecated assets?
State Bank of India
M/s. Saraswathi Traders
Sri M. Anjaneyulu
RANESHWAR KOTHE
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
