The Tribunal allowed an original application filed by ICICI Bank Ltd. for the recovery of Rs. 24,10,655/- as on 22.04.2025 from the Defendant, who remained ex-parte, directing the defendant to pay the loan amount with future interest and costs.
Defendant directed to pay Rs. 24,10,655/- with future interest @ 25% simple p.a.; recovery certificate to be issued.
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IN THE DEBTS RECOVERY TRIBUNAL.II AT HYDERABAD DATED THIS Tts,E 27AH DAY OF NOVEMBER, 2025
PRESENT: SH. RATYESHWAR KOTHE, B.Com., L.LB. (Hons.), tvl.A. PRESIDING OFFICER
Original Application No: 396 OF 2025
M/s. ICICI Bank Lim ited., Regional OFfice at Gachibowli, Hyderabad. Rep. by its Power of Attorney
....Applicant
Versus
lagannath Ram, S/o. Vijay Kumar Ram Aged about 36 Years, Occ: Private Employee, R/o. Plot No.47lP, Subramanyam Colony, Ba iragig uda, Gandipet Ranga Reddy, Telangana - 500091.
Also at:5-75/4/5, H S Darga, Golconda Hyderabad, Telanga na - 500008.
Also at:-
CBRE South Asia Private Limited., Unit I A, 1'' Floor, Orwellsalapuria Knowledge City, Raidurqam, Hyderabad Telangana - 500081.
......Defendant
Counsel forthe Applicant : M/s. B. Ravindra Reddy Defendants I Ex-parte
:: ORDER ::
oA.No.396/2025
2
p.a. with monthly rests frcm 23.04.2025 till the date ofrealisation along with costs.
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendant?
OA.No'396/2025
sirnple, from t realization; he date of application till the date of
iii) the applicant bank is entifled for the costs.
from the date of receipt of this order.
, )n,-- ... c, zr,/ '--rf.r..-L\ -- (RA(ESHWAR KoTHE) PRESIDING OFFICER
2 issues framed by the court
Whether the Defendant is liable to pay the claimed loan amount based on the evidence filed by the Applicant Bank?
Whether the Original Application filed by the Applicant Bank for recovery of the loan amount can be allowed?
M/s. ICICI Bank Limited
RATYESHWAR KOTHE
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
