The Debt Recovery Tribunal allowed the applicant bank's original application for recovery of a personal loan of Rs. 23.38 lakhs from the defendant with future interest and costs, issuing a recovery certificate.
Recovery of Rs. 23,38,306/ plus future interest at 13.05% p.a. from 01/11/2024 and costs; Recovery Certificate 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 -I AT HYDERABAD DATED THIS THE 4th DAY OF NOVEMBER, 2025 PRESENT: SR! cUMMAD| cOptCHAND, pRESIDING OFFTCER
OA. No. 289 OF 2025
Between :
State Bank of lndia Stressed Asset Recovery Branch - ll, (20945), H.No.'l-8-563/1, 1st Ftoor, Opp : Sandhya Threatre, RTC,X, Roads, Chikkadapally, Hyderabad : 500020, Telangana
Applicant
VERSUS
R. Sridhar S/o Rachakonda Sitharamulu, (i) H.no. 2-3-6651Et1, Azadh Nagar, Hyderabad, Telangana,
(ii) House 12-11-1235, Boudha Nagar, Secunderabad, Telangana; and
(iii)Line Man(Emp ld. 1 0T s243) Sothern Power Distribution Company of Telangana Ltd, City -V, Paradise Division, Secunderabad Circle, Secunderabad
Defendant
76.'
(oA. No. 289/202s)
Counsel for the parties :
| For TheApplicant | Mr. N.MeherPrasad |
|---|---|
| FortheDefendant | Exparte |
| Reservedon | 24.10.2025 |
| Pronouncedon | 03.11.2025 |
| Uploadinwebsiteon | 07.11.2025 |
ORDER
0rt.l0l,2m
(oA. No. z8s/2ozs)
23.04.2025. lnspite of several requests and demands, the defendants did not clear the outstanding. Hence this oA.
- smt' M sarala, Manager of the Appricant Bank examined herserf as AW.1 and exhibited relevant documents, which are marked as Ex.A.1 to 4.6.
Defendant remained exparte. To substantiate the case of the Applicant Bank, AW.1 , official of the Applicant Bank was examined and she exhibited relevant documents as Ex.A.1 to 4.6. ln view of the above, r hord that the Appricant Bank has established their claim made in the OA against the Defendant and hence the Applicant Bank is entitled to recover the claim made in the OA with future interest and costs.
OA is allowed with costs, as under :
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(oA. No. 289/202s)
The Defendant is riabre to pay to the Appricant Bank a totar sum of Rs.23,38,306/- (Twenty Three Lakhs Thifi Eight Thousand Three Hundred and Six Onty) with future interest @ 13.05% p.a from 01 .11.2024 tillthe date of realization.
(Dictated to the P.A, transcribed by her, corrected, signed and pronounced by me in the open court on this the 4h day of Nov, 2025)
sd/(G. GOPICHAND) PRESIDING OFFICER
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4
State Bank of India Stressed Asset Recovery Branch - II
R. Sridhar
G. GOPICHAND
As recorded by the court registry
2 orders share this CNR
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