The DRT-II at Hyderabad adjudicated on an ex-parte application filed by ICICI Bank for recovery of a debt. The court examined bank evidence, found the defendant liable without representation, and allowed the application.
Defendant directed to pay sum of Rs.41,87,872/- with future interest @ 10.5% p.a., along with costs and a Recovery Certificate.
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 23RO DAY OF OCTOBER, 2025
PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
Original Application No: 278 OF 2O2S
ICICI Bank Limited., ICICI Bank Towers, Financial District Plot No.12, Nanakaramguda, Gachibowli Hyderabad, Ranga Reddy District. Rep. by its Authorized Signatory.
.....Appticant
Versus
Muthi Ravi, S/o. M. Nagutu Aged 38 Years, Occ: Self Employee R/o. H.No.9-6-7614, Anja iah Nagar Hasmathpet, Old Bowenpa y, Near Government Schoot, Hyderabad - 5OOOO9, TS.
Also at:-
Muthi Ravi, S/o. M. Nagulu Aged 38 Years, Occ: Self Employee O/o. Wavelabs a unit of Westagile IT Labs India Pvt Ltd.,ptot No.7, opp to Hitex Enterance lublee Enclave Hitech city Hyderabad - 500081, TS.
......Defendant
Counsel for the Applicant : M/s. G. Adrian Kiran Raj Defendants : Ex-parteEx-parte
: Ex-parteEx-parte
:: ORDER ::
OA.No.278l2025
Whether theApplicant Bank is entitled for the claim madein the OA against the Defendant?
OA.No.Z78l2025
(fo'*
(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?
1 provisions across 1 enactments
ICICI Bank Limited
Rameshwar Kotha
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
