Allowed

The Axis Bank Ltd. v. Mrs. Koruprolu Ganga Bhavani, D/O Nookaraj

DRT19 Dec 2025OA/239/2025

Case brief

AI extract

What is this about?

The Debts Recovery Tribunal allowed the bank's original application for recovery of a dues sum of Rs. 24,73,435 with interest and costs against the ex-parte defendant, issuing a recovery certificate.

What did the court decide?

The defendant is liable to pay Rs. 24,73,435/- with future interest @10.5% p.a. simple from the date of application till realization; entitlement for costs and proceeding against person and properties

The Axis Bank Ltd. versus Mrs. Koruprolu Ganga Bhavani, D/O Nookaraj — DRT (2025) — LawSathi Research

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IN THE DEBTS RECOVERY TRIBUNAL-II AT HYDEMBAD ' DATED THIS THE 19TH DAY OF DECEMBER, 2025 PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER

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Original Application No: 239 OF 2025

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The Axis Bank Ltd., Having its Office at 5-4-183/184 3'd Floor, R P Road, Secunderabad - 500003. Rgp. by its Authorised Signatory.

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. . . ..Applicant

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Versus

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Mis. Koruprolu Ganga Bhavani, D/o.K.Nookaraj Aged about 30 Years, Occ: Private Employee R/o. Flat No.217, Vasavi Indra Prasta Apts., Near HDFC Bank, Czech Colony, Street No.1 Sanathnagar, Balanagar, Medchal Malkajgiri Hyderabad - 500018.

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Also at:-

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C/o. Golars Networks Pvt. Ltd., D.No.198/5/4lF, Plot Nos. 2 to 8 Flat No.104, Srividya Sahithi Ambrosia Apts, Patrika Nagar, Hyderabad - 500081.

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Also at:-

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Door No.1-7, Kotha Yellavaram Narsipatnam, Vishakapatnam - 531118.

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Also at:-

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Mrs. Koruprolu Ganga Bhavani Door No.1 7, Kotha Yellavaram Narsipatnam, Visakhapatnam - 531118.

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. .... . Defendant

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. Counsel for the Applicant :^{M/s.M.Srinivas Reddy} Defenda nts .Ex_eaft/,%.s

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OA.No.239/2025

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:: ORDER ::

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The Applicant Bank filed the^present OA for the recovery of a total sum of Rs.24,73,435/- from the defendant with future interest @18o/o^p.a. with^{quarterlyinterestsfrom} the^date of^{applicationtill} the date of realisation along with costs.

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Summon served on sole defendant through paper publication and was set ex-parte on 14.10.2025 as called absent and no representation.

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The Applicant Bank examined Syed Shafiuddin, Senior Manager as AW-1 and marked 10 documents through him aS EX. A.1 to EX. A.10.

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Heard the Ld. Counsel for the Applicant Bank and perused the material placed on record.

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The point that arises for consideration is:-

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Whether the Applicant Bank is entiiled for the claim made in the OA against the Defendant?

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As stated supra, the Defendant remained ex-parte. The Evidence Affidavit coupled with the recitals in the documents viz., Exs. A.1 to A.10 marked on behalf of the Applicant Bank clinches the claim of the Applicant Bank against the Defendant. Hence, I hold that the Defendant is liable to pay the OA claim to the Applicant Bank with future interest and costs.

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In the result, the present Original Application No.239l2025 is allowed as under: - OY€

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OA.No.239/2025

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i) The Defendant is liable to pay to the Applicant Bank a sum of Rs.24,73,435/- with future interest @10.5olo p.a. simple, from the date of application till the date of realization;

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ii) the applicant bank is also entitled to proceed against

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the person and properties of the defendant for realization of its dues;

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iii) the applicant bank is entitled for the costs.

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B. The Applicant Bank is directed to file Cost Memo within 2 weeks from the date of receipt of this Order.

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Issue Recovery Certificate accordingly.

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Communicate a copy of this order to the parties concerned. (Dictated to the steno., transcribed by him, corrected, signed and pronounced by me in the open court on this the 19th day of December, 2025).

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Awry-^,a9 LL/^t'*"--' (RAMESHWAR KOTHE) PRESIDING OFFICER

The Axis Bank Ltd. v. Mrs. Koruprolu Ganga Bhavani, D/O Nookaraj

Case brief

What is this about?

What did the court decide?

The Axis Bank Ltd. v. Mrs. Koruprolu Ganga Bhavani, D/O Nookaraj

Case brief

What is this about?

What did the court decide?

What the court decided

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