In this OA, the Debts Recovery Tribunal allowed the State Bank of India to recover a debt of Rs. 21,88,136 plus future interest and costs from the defendant who failed to repay a term loan.
Debt of Rs. 21,88,136 with future interest @ 11.30% p.a. from filing date till realization awarded to Applicant Bank along with costs of OA.
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 RECOVERYTRIBUNAL.I AT HYDERABAD DATED THIS THE 3RD DAy OF OCTOBER, 2025
PRESENT: SRI GUMMADI GOPICHAND, PRESTDING OFFICER
OA.No.3O8 OF 2O2S
Between:
State Bank of India, Parishrama Bhavan branch, APIDC Building, Basheerbagh road, Adarsh nagar, Hyderabad, iS Represented by its Chief Manager
Applicant
VERSUS
Mr. Gujjarlapudi Sateesh, S/o G. Yesupadam, aged 33 years, Occ: pvt employee, male, R/o H.No,5-16, Govindapuram !!laO9,.Gannavaram, Khammam, TS - 507 165.
Defendant
Counsel for the parties:
For the Applicant
For the Defendant
Sri Ajgal Ravi Babu Exparte
ORDER
1' The Appricant Bank fired the present oA against Defendant for recovery of a total sum of Rs.2l,gg,l36l_ (Rupees Twenty One Lakhs Eighty Eight Thousand O nd Thirty Six only) with
current and future in monthly rests from date of filing of OA til Sedate of??:alizatiofil noSocimS * r!. T
(oA.No.308/202s)
(oA.No.308/202s)
entitled to recover the claim made in the OA with future interest and costs.
The Defendant is riable to pay to the Appricant Bank a totar sum of Rs.21,88,r36,/- (Rupees Twenty one Lakhs Eighty Eight Thousand One Hundred and Thirty Six only) with current and future interest @ 11.30olo p.a from date of filing of OA till the date of realization.
(Dictated to the p.A., transcribe this the 3d day of oct, ,or' o o, her, corected, signed and pronounced by me in the open court on
sd/-
(G. GOPICHAND)
PRESIDING OFFICER
TRUE
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2 issues framed by the court
Whether the bank is entitled to recover the claim made in the OA against the defendant?
Whether the debt and interest claimed are admissible in law?
State Bank of India
Mr. Gujjarlapudi Sateesh
Sri Gummadi Gopichand
As recorded by the court registry
2 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
