The Debts Recovery Tribunal allowed the applicant bank's original application for recovery of a loan amount claiming the respondents were jointly and severally liable.
Respondents declared jointly and severally liable to pay Rs. 32,51,054.50; OA schedule properties put to disposal; 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 HYDEMBAD
DATED THIS THE 25TH DAY OF JUNE, 2025 PRESENT: SH. RAMESHWAR KO] o^.r,orr[Ti.T...."fl., L. LB.(Hons.), M.A.
oRIGINAL APPLICATIoN No: 333 oF 2023
HDFC Bank Ltd.,
Having its office at Bank House # 6-3-246 & 6-3_244/A, 6rh Ftoor xoxanapalladium, Road No.1 tsanjara Hi s, Hyderabad _ 5OOO34 Kep. by its Authorized signatory.
.... .Applicant.
Versus
l9-u9.r.?o1L48 v"a ir,'oi-cl'ru..u., 51r'i:!9 19'AnnaPUrneswari Lavout, b cross, Margondana Halli Main Road, Banglore. Karnataka State _ 5560036,
Also at:-
C/o.H-No. 1-1 189-91_A1, NGO,s Cotony, Near Govt. Boys College, Kadiri, Ananthapur District _ 515591.
Wo.G.Sreenivasulu Reddy, Aged about 39years, Occ: Housewife, R/o.H.No.40, Annapurneswari Layout, 6"' Cross, Margondana Halli Main Road, Banglore, Karnataka State _ 5560036.
Also at:-
c/o.H. No.1- 1189-91-A1, NGO'S Cotony, Near Govt. Boys College, Kadiri, Ananthapur District - 515591.
oA.NO.333/2023
2
R/o.H.No.1-92, Pedda Kondamarri il'ig?.'J:[ff-",Ii,,',
:lX[:tr]J[]Y" ],".1'&''Bus i n ess' Rio.n.No.31-90-1-5,Teacners :iii['J.'J,:?;[':i"Ji",
... Defendants
Counselfor the APPlicant Defendants
: M/s.M.SrinivasReddy
: Ex-Parte
:: ORDER::
I. The ApplicantBank filed the Present OA for the recovery a total sum ofRs.32,51,05450ps from the defendantsjointly and severallywith@1050% p a from 27 '7O '2022 Cash Credit & Ilo/op.a. in DOD & KGC TermLoan Facilitiesthe statement date tothe date of award/decree and thereafter@18o/op a' compoundedwithmonthlyrestsfromthedateofapp|icationtill the date ofrealizationalongwith costsand in defaultfor sale of OA schedule ProPerties'
passed through merits. Perused N**
oa.No.333/2023
Whether the Applicant Bank is entitled for the claim made in the OAagainst the Defendants and OAschedule properties?
l
oA.NO.333/2023
iv) the applicant bank is entitled for the costs.
ffi!11ry1nrorHe; PRESTDTNG orqCe-n
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 properties?
HDFC Bank Ltd.
Mr. G. Sreenivasulu Reddy
Mrs. G. Vidyavathi
Mr. G. Nagabhushana Reddy
Mr. G. Harinatha Reddy
Sh. Rameshwar K.
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
