The Debts Recovery Tribunal allowed the bank's application for recovery of dues along with interest and costs. The defendants were made jointly and severally liable, and the mortgage property was recognized as security.
Recovery of Rs.1.38 Crores with interest, declaration of joint and several liability, enforcement of mortgage, 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 RECOVERYTRIBUNAL-II AT HYDERABAD
DATED THIS THE 28thDAY OF APRIL,2025
PRESENT: SH. MMESHWARKOTHE,B'COM', L.LB. (HONS'), M.A. PRESIDINGOFFICER
ORIGINALAPPLICATION NO: 361 OF 2024
UnionBank of India', iydernagar,Medchal-Malkajgiri' tia;, ;y'[t tutunug"' and Principal Officer'
. . .. .APPlicant'
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iii) the appricant bank is arso entitred to proceed against the person and properties of defendants for realization of its dues;
iv) the applicant bank is entifled for the costs.
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(RAMESHWAR KOTHE) PRESIDING OFFICER
2 issues framed by the court
Whether the bank is entitled to recover the dues through application.
Whether the mortgage of the schedule property can be enforced for realization of debt.
Union Bank of India
Defendants
Rameshwar Kotha
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
