Debts Recovery Tribunal allowed the bank's original application despite the defendant's ex-parte absence, holding the defendant liable to repay multi-loan dues totaling Rs. 24,70,925/- with interest and costs.
Defendant ordered to pay Rs. 24,70,925/- plus future interest at 10.75% p.a. and costs; issue of 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 RECOVERYTRIBUNAL-IIAT HYDERABAD DATED THIS THE 23RD DAYOF ]ULY, 2025
PRESENT: SH. RAMESHWARKOTHE,B.COM.,L'LB.(HONS.), M.A. PRESIDING OFFICER
Original Application No:217 OF 2025
state Bank of India., Shivalayam Centre Branch 9-643, Mydakur Road,Proddatur Town & l.4andal, KadapaDistrlct- 516360. Rep. by its Branch lvlanager.
.....Applicant
Versus
Sri Pavan Kumar Tanjavuru S/o. T.Kishore, Beside Brahmana Seva Sangam, Proddatur YSR District - 516360.
Also at:-
H.No.6/642, UP Arts College Road Proddatur.
... ... Defendant
counsel for the Applicant : M/s. C. Prabhakar Defendants : Ex-parteEx-parte
: Ex-parteEx-parte
:: ORDER ::
- The Applicant Bank filed thepresent OA for the recovery of a total sum of Rs.24,70,925/- i.e., a sum of Rs.4,96,3291- towardsLoan A/c. No.41837011223 with future interest @8.65%p.a., a sum of Rs.4,55,081/- towards Loan A/c. No.41850252818 withfuture interest @8.650/0 p.a., a sum of Rs.5,61,690/- towards Loan A/c. No.41882863751 with future interest @8.650/o p.a., a sum of Rs.5,2O,349/- towards Loan Alc.f;o.41952414020 with future V)t"y,._,->.tq //'P'
2
OA.No.277l202s
interest @8.650lo p.a. and a sum of Rs.4,37,476l_ towards Loan A/c.No.42022194918 with future interest @g.7so/o p.a. from ilie defendant with harf yearry rests from the date of apprication tiil the date of realisation along with costs.
AW-1 and marked 06 documents through him as Ex. A.1 to Ex.
A.06.
Whether the Applicant Bank is entitted for the claim made in the OA against the Defendant?
oYd
OA.No.2Ul2025
Wa
(RAMESHWAR KOTHE) PRESIDING OFFICER
2 issues framed by the court
Whether the Applicant Bank is entitled to recover the claimed loan amount and costs from the Defendant who remained absent?
Whether the Defendant is liable to pay the total debt with future interest?
State Bank of India
Sri Pavan Kumar Tanjavuru
RAMESHWAR KOTHE
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
