In an original application for recovery of a debt of Rs. 39,24,861/- along with future interest, the Debts Recovery Tribunal allowed the claim against defaulting borrowers.
The Defendants are directed to pay Rs. 39,24,861/- with interest at 8.50% p.a. simple, and the bank is entitled to proceed against mortgaged properties and defendants for realization.
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. RAMESHWAR KOTHE, B.Com., L.LB.
( Hons. ), M.A. PRESIDING OFFICER
ORIGINAL APPLICATIoN No: 186 oF 2025
Indian Overseas Bank., Hindupur Branch, Andhra pradesh. Kep. by its Authorized signatory.
.....Applicant.
Versus
Hindupur - 51520i, Andhra pradesh.
Also at:-
?::.1g.26-4-rts6/3, 3d cross K tL Lolony/ Hindupur _ 515201 shree Satya Sai District, Andhra pradesh Kaoapa - 515220.
... Defendants
Counsel for the Applicant
Defendants
: M/s. Dishit Bhattacharjee
:ex_oa,te 7fu,s9
oA.NO.186/202s
2
:: ORDER::
Whetherthe ApplicantBank is entit.led' for theclaimmadein the OA against theDefendantsand OA schedule ProPerties?
," ,.t "" o^r,ffi-:f and costs. / t/</*\J'
oA.NO.186/2025
(Dictated to thesteno, corrected,signedand this the 23'dDaYof October, 2025)'
ffi6sv (RAMCSHWARKOTHE) PRESIDINGOFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants and OA schedule Properties?
Indian Overseas Bank.
M/s. Rabbani Sitk Emporium
T. Chekka Asif
S. Haseena Begum
Rameshwars Kotha
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
