The Debts Recovery Tribunal allowed an Original Application filed by the State Bank of India against a defendant for recovery of a personal loan amounting to Rs. 22,69,728 along with future interest and costs.
Allowed OA with costs; Defendant to pay Rs. 22,69,728 with future interest @ 12.30% p.a. from 30.12.2024; Recovery certificate issued.
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IN THE DEBTS RECOVERY TRIBUNAL-I AT HYDERABAD
DATED THIS THE 29TH DAY OF APRIL'2025
PRESENT: SRI GUMMADI GOPICHAND, PRESIDING OFFICER
OA.No.23 ot 2025
Between :
State Bank of India, SARB-II Branch, Opp Sandhya theatre, RTC "X" roads, Chikkadpally, Hyderabad - 500 020. Represented by its Chief Manager Applicant
VERSUS
Sri M. Chander, Major, S/o Sri M. Munirathnam, Railwayq ua rters no.733/7, North Lalaguda, Hyderabad - 500 0t7. Defendant
Counsel for the Parties: For the Applicant Sri M.V. Janaki Ram For the Defendant Exparte
ORDER
total sum of Rs.22,69t728/- (Rupees Twenty Two 6 nine Thousand Seven Hundred and Twenty Eight lP * only) with* ture interest @ 12.300/o p.awith monthly rests from ? 0 llDn,)flr( F. 3o.t),202ry ll the date of realization. S+d* ..'t,t"'l ': 4.t..-:4zg.,r;ri
(oA.No.23l202s)
(oA.No.23l202s)
1 issue framed by the court
Whether the applicant Bank is entitled to the Original Application against the Defendant for recovery of debt.
State Bank of India, SARB-II Branch
Sri Gummadi Gopichand
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
