In this OA, the Debts Recovery Tribunal allowed the Applicant Bank's claim for recovery of Rs. 23,51,654/- along with interest from the legal heirs of a deceased borrower who defaulted on a term loan.
Respondents directed to jointly pay Rs. 23,51,654/- plus interest at 14% p.a. from filing date; 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-I AT HYDERABAD
DATED THIS THE 4rH DAy OF AUGUST, 2025
PRESENT: SRI GUMMADI GOPICHAND, PRESIDING OFFICER
OA.No.l85 OF 2O2S
Between:
State Bank of India, Stressed Assets Recovery Branch, 2nd floor, TSRTC Commuter Amenity Centre, Bus Terminal complex, Koti, Hyderabad - 500 095. Represented by its Chief Manager
Applicant
VERSUS
Jubilee market, Near St. Anns High School, enumamula, Warangal, TS - 506 003.
D/o Late Mr. ChittareddyGurunath Rao, Aged about 24 years, R/o H.No.25_6_197 lubilee market, Near St. Anns High School, enumamula, Warangal, /4^ TS - 506 003. /,P
/4^
/,P
*
otttlgzE
?
.t
9-'-: :1
$e,-}+.,,.-- -: "in:?'l
(OA.2t4 of 212sl
School, enumamula, Warangal, TS - s06 003.
Counsel for theparties:
For the Applicant Sri C. Sreedhar For the Defendants Exparte
ORDER
Ki-;*fdfltr
(oA.214 of 202s)
and demands, the defendants did not clear the outstanding. Hence this OA.
B. In the resent OA is allowed with costs, as under: Th *ffi'N 4 are jointly and severally liable to pay to I sum of Rs.23,51,654/- (Rupees ,J+nfigo trtr," fr One Thousand Six Hundred and Fifty rrt-'i Rh,,,-u.67 *:riiit9
lOA.274of 2O2sl
Four only) with further interest @ L4o/o p.a from date of filing of OAtill the date of realization;
sd/(G. GOPTCHAND) PRESIDING OFFICER
o4ttlczffi
.
ORI-I,ilYDE,-."AEA9'
4
1 issue framed by the court
Whether the Applicant Bank is entitled to the recovery of the claim against the Defendants?
State Bank of India
Smt. Chittareddy Swapnapriya
Ms. Chittareddy Rohitha
Ms. Chittareddy Roshini
Ms. Chittareddy Revanth Roshan
Superintendent, South Central Railways
Gummadi Gopichand
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
