The Debts Recovery Tribunal disposed of an original application by State Bank of India against a defaulting borrower. Finding the defendant absent and evidence clinched, the Court ordered the recovery of dues totaling approximately 25.25 lakh rupees.
Recovery of Rs. 25,25,072.02 with future interest; issuance of recovery certificate; costs directed.
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 HYDEMBAD DATED THIS THE 2OTH DAY OF NOVEMBER, 2025 PRESENT: SH. RAMESHWAR Ko ,*.rrorrlTirur...."fl., L. LB. (Hons. ), M.A.
ORIGINAL APPLICATIoN No: 262 oF 2025
State Bank of India.. SARB Branch, Vijayawada Krishna District. Rep. by its ChieF tvlanager.
.....Applicant.
Versus
Mr. Kakarla Divakar Naidu S/o. Sri. K.p. Rangaiah, Aged 52 years Hat No.301. H. No.8_400_ 12, Madhukatash Apanments, Ward No.8, Block No.2O Umapathappa Street, AnanthaDuram Ananthapuram District _ 5150b1.
... Defendant
Counsel for the Applicant
: Mr. A. M. Kiran Kumar
Defenda nt
:Ex-parte
:: oRDER ::
oA.NO.26212025
3.The ApplicantBank examined Y'Mukteswar Rao'Chief Manager,as AW-1and marked09 documentsthrough himas Ex.A.1to Ex'A'09'
Whetherthe Applicant Bank is entitled for the claimmadein the OA against the Defendantand OA schedule ProPertY?
i) The Defendant isliable topay to the Applicant Bank a sum ofRs.25,25,072.02ps i.e., a sum ofRs.21,99,709.93pstowards Home LoanLimit, a sum of Rs.1,41,944.20ps towards Suraksha InsuranceLimit and a sum ,,fi,,1,v /'ts"
oA.NO.262/2025
of Rs.1,83,417.89ps towards Top Up yono App Limit; with future interest @g.g5o/o p.a. simple from the date of apptication till the date of realization;
ii) the OA claim is secured by way of mortgage of property described in the schedule annexed to the OA and the applicant bank is entitled to proceed against the same to realise its debt;
iii) the applicant bank is also entiiled to proceed against the person and properties of defendants for realization of its dues;
iv) the applicant bank is entitled for the costs.
B. The Applicant Bank is directed to file Cost Memo within 2 weeks from the date of receipt of this Order.
K7Y"GI
(-./ (RAMESHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendant and OA schedule Property?
State Bank of India, SARB Branch, Vijayawada
Mr. Kakarla Divakar Naidu
Rameshwar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
