Debts Recovery Tribunal allowed Original Application seeking recovery of principal and interest against a defendant who remained absent. The court held the evidence affidavit and documents clinched the bank's claim.
Defendant liable to pay Rs. 34,42,814/- with future interest; application allowed; recovery certificate issued; direction to file cost memo.
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 O5th DAY OF AUGUST, 2025 PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
Original Application No: 276 OF 2025
ICICI Bank Limited., ICICI Bank Towers, Financial District, Plot No. 12, Nanakramguda Gachibowli, Hyderabad, Ranga Reddy District. Rep. by its Authorized Signatory.
.....Applica nt
Versus
Adusumalli Surendra, S/o.A.Sambaiah Aged 34 Years, Occ: Self Employee R/o. D-505, West Metro Apartments Friends Colony, Near Arogya Medical Chanda Nagar, RR District-500050, TS.
Also at:-
Adusumalli Surendra, S/o.A.Sambaiah Aged 34 Years, Occ: Self Employee O/o.Alchemy Techsol India Pvt Ltd., 2 Above Cherry Pick Furniture Showroom 4th Floor, BO Feet Road, Koramangala Bth Block, Bangalore - 560095, KA.
Also at:-
Adusumalli Surendra, S/o.A.Sambalah Aged 34 Years, Occ: Self Employee R/o.H.No. 1-145, Bayyaram Village Peddavaram Post, Kurichedu Mandal Prakasam District - 522304, AP.
Defendant
Counsel for the Applicant : M/s.G.Adrian Kiran Raj Defendant : Ex-parte jnn",r.,. ./ '' /\ .",t\ -'c*
OA.No.275l2025
:: ORDER::
Whether the Applicant Bank is entitled for the claim made in the OA againstthe Defendant?
oA.No.27612025
-6N',9 u-7 ESHWAR 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?
ICICI Bank Limited
Rameshwar Koth
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
