The Debts Recovery Tribunal allowed the bank's original application for recovery of Rs. 25.69 lakhs jointly and severally against the defendants, secured by mortgage, with future interest and costs directed.
Defendants ordered to pay Rs. 25,69,842.23 with future interest at 11.90% p.a., annualized, 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.II AT HYDERABAD
DATED THIS THE 23RD DAY OF SEPTEMBER, 2025
PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
ORIGINAL APPLICATION No: 325 OF 2025
M/s. Unlon Bank of India., Branch at Batha laplli (Mandal) (Village), Anantha pu r District. Rep. by its Senior Manager. .....Applicant.
Versus
Also at: - H. No.31- 1149, Kottapeta(V) Dharmavaram(M), Ananthapuram Dist AP - 515671.
Counsel for the Applicant : M/s. P. Balaji Defendants : Ex-parte
:: :: (!-f,[f(
oA.NO.32Sl2025
2
from the date of application till the date of realization along with costs and in default for sale of OA schedule property.
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants and OA schedule propertY?
i) The Defendants are jointly and severa y liable to pay to the Applicant Ban_k- a sum of fra^*
oA.NO.32sl2025
Rs.25,69,842.23ps with future interest @11.90olop.a. simple from the date of application till the date of realization;
iv) the applicant bank is entitled for the costs.
//s.'o* (nel,tEsHWAR KorHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the Original Application against the Defendants and OA schedule property?
1 provisions across 1 enactments
M/s. Unlon Bank of India
Mallemputti Ayyappa
M. Srinivasulu Naidu
Rameshwar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
