Debts Recovery Tribunal allowed an Original Application filed by State Bank of India for recovery of a defaulted personal loan of Rs. 34,43,321/-. The bank was represented only, as the defendant appeared ex parte. A recovery certificate was issued.
Recovery of Rs.34,43,321/- with interest; issuance of Recovery Certificate.
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IN THE DEBTS RECOVERY TRIBUNAL - I AT HYDERABAD DATED THIS THE 2oth DAY OF NOVEMBER,2025 PRESENT: SRI GUMMADI GOPICHAND, PRESIDING OFFICER
OA. No. 268 OF 2025
Between:
State Bank of lndia, Stressed Assets Recovery Branch (SARB - ll), 1-8-563/1, RTC'X' Roads, Opp: Sandhya Theatre, 1"t Floor, Chikkadpally, Hyderabad - 500 020. Representated by its Chief Manager
Applicant
VERSUS Mr. Vijayababu Bezawada, S/o. Ramakrishna Bezawada, 5-3a, lnkollu Road, Marturu Mandalam, Kolalapudi,Podili, Prakasham District, Andhra Pradesh - 5230261. Also At -
Plot No. HMT Tirumalagiri, 500 072. Defendant
(oA. No. 258/202s)
Counsel for the parties:
For The Applicant AlluriKrishnam Raju For the Defendant Exparte Reserved on 18.11.2025 Pronounced on 20.11.2025 Upload in website on 25.11.2025
ORDER
(oA. No.268/202sl'
lnspite of several requests and demands, the defendant did not clear the outstanding. Hence this OA.
l/ '1
{l *
[iv.
(oA. No. 268/202s)
The Defendant is liable topay to the Applicant Bank a totalsum of Rs.34,43,321/-.(Rupees ThifiFour Lakhs Forty Three Thousand Three Hundredand Twenty One Only) with interest @11.30% p.a with monthly rests from29.05.2025till the date of realization.
12. lssue Recovery Certificateaccordingly.
Communicate a copy copyof the order to the parties concerned.the order to the parties concerned.order to the parties concerned.the parties concerned.concerned.
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:L:F% PRESIDING (G. GOPICHAND)OFFICER
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4
1 issue framed by the court
Whether the Applicant Bank is entitled to recover the outstanding claim, interest, and costs against the Defendant as prayed in the Original Application?
State Bank of India
Gummadri Gopichand
As recorded by the court registry
2 orders share this CNR
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