The Tribunal allowed the Debt Recovery Tribunal application filed by Axis Bank Ltd. against the defendant for recovery of dues totaling Rs. 33,85,827/- along with future interest and costs upon the defendant remaining absent.
Ordered defendant to pay principal, future interest at 11.75% p.a., and costs. Directed issuance 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 RECOVERY TRIBUNAL.IIAT HYDEMBAD DATED THIS THE 25TH DAY OF AUGUST, 2025
PRESENT: SH. RAMESHWAR KOTHE, B.COM., L.LB.(HONS.), M.A.
PRESIDING OFFICER
Original Application No: 218 OF 2024
Axis Ban k Ltd., 5-2- 183 / 184, Modi Square III Floor, R.P Road, Secunderabad-500003. Rep. by its Manager.
.....Applicant
Versus
14ohammadmahdi Kelidari S/o. Mohammad Hassan, Age 34 Years Occ: Pvt Service, D.No.2602 Tower A 26th Floor, Golf Edge Colony, Gachibowli K.v Ra nga reddy - 500032.
Also at:-
lYohammadmahdi Kelida ri, S/o. Mohammad Hassan, Age 34 Years, Occ: Pvt Service C/o. Interglobe Aviation Limited., Rajiv Gandhi International Airport, Post Shiha b Road, Shamshabad, Gollapalle Khurd, Hyderabad - 500409.
......Defendant
Counsel for the Applicant : M/s.Lotus Law Associates Defendants : Ex-parte
:: ORDER ::
2
OA.No.218/2024
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendant?
I
OA.No.218/2024
3
fu:r*sr ((fiqESHWAR KorHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled to the claim made in the Original Application against the Defendant?
Axis Bank Ltd.
Rameshwar Kolhe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
