The Debts Recovery Tribunal allowed the bank's recovery application ex-parte against defendants who failed to appear, holding them jointly and severally liable to pay the loan principal with future interest.
Defendants directed to pay Rs.1,83,20,430/- with future interest, costs, and realizing debt from mortgaged and personal properties.
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 OgTH DAY OF DECEI4BER, 2025
PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
ORIGINAL APPLICATION No: 345 OF 2024
The Axis Bank Limited., Having it Office at 5-4-183/184 3'd Floor, R P Road, Secunderabad-soooo3. Rep. by its Authorized Signatory.
.....Applicant.
Versus
Also at:Desharaju Swathi Plot No.104 & 105, Flat No.201, 2nd Floor Srikara Nivas, Chakradar Colony, Allwyn Colony Phase II, Kukatpally - 500072.
Also at:Desharaju Swathi H.No.15- 12l3, PrashAnth Nagar Siddipet - 502103. Also at:Desharaju Swathi H.No.9-2-72/3/28 (Old No.2-77 /C/3) Plot Nos.7 & 8 in Sy.No.34 Hasmathpet Village, Balanagar Mandal Medchal Malkajgiri District, Telangana State.
oA.NO.345/2024
Nivas, Chakradar Colony, Near HP petrol Pump, Bahadurpally - 500072.
Also at:-
Bommala Parameshwar Plot No.104 & 105, Ftat No.201, 2nd Ftoor Srikara Nivas, Chakradar Colony, Allwyn Colony Phase II, Kukatpatty - 500072.
Also at:-
Bommala Parameshwar H. No.15- 12l3, Prashanth Nagar siddipet - 502103.
Also at:-
Bommala Parameshwar H.No.9-2-7 2/3/28 (Otd No.2-77 / C/3) Plot Nos.7 & 8 in Sy.No.34 Hasmathpet Village, Balanagar Mandal Medchal Malkajgiri District, Tetangana State.
... Defendants
Counsel for the Applicant : Mr. Veera Shiva Kumar Defendants : Ex-parteEx-parte
: Ex-parteEx-parte
:: ORDER ::
oA.NO.34sl2024
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants and OA schedule property?
oA.NO.34sl2024
4
(RkMESHWAR KorHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants and OA schedule property?
1 provisions across 1 enactments
Axis Bank Limited
Desharaju Swathi
Bommala Parameshwar
Rameshwar Koth
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
