The Tribunal allowed an Original Application filed by a bank for recovery of a loan amount, interest, and costs from two defendants jointly and severally liable, despite their ex-parte absence.
Ordered defendants to pay Rs. 21,08,208.65 with interest; secured by hypothecated vehicle; Recovery Certificate to be issued.
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 SEPTEMBER, 2025
PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB. (Hons,), M.A. PRESIDING OFFICER
ORIGINAL APPLICATION No: 247 OF 2024
H DFC Bank Ltd., Having its office at # 1-10-60/3, 3'd Floor, 3A, Suryodaya Complex, Begumpet, Hyderabad - 500016. Rep. by its Authorized Signatory.
.....Applicant.
Versus .
...Defendants
: M/s. Srihari Bathina Counsel for the Applicant Defendants : Ex-parteEx-parte
: Ex-parteEx-parte
:: ORDER ::
oA.NO.247l2O24
were set ex-parte on 09.t2.2024 as called absent and no representation.
passed through merits. perused the material placed on record.
Whether the Applicant Bank is enti ed for the claim made in the OA against the Defendants and OA hypothecated vehicle?
oA.NO.247l2O24
simple from the date of application till the date of realization;
iv) the applicant bank is entifled for the costs.
frw.*' IV (RAFIESHWAR KOTHE) PRESIDING OFFICER
H DFC Bank Ltd.
Mr. Reddy Reddy Praveen Reddy
Bhagyamma Reddeddi
Rameshwar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
