In an original application for recovery, the Debts Recovery Tribunal allowed the bank's claim against defendants who remained ex-parte, directing them to pay the principal sum, interest, and costs.
Defendants jointly and severally liable to pay Rs.21,66,869.90 with interest; allowed sale of OA schedule properties; 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 O3RO DAY OF JULY, 2025 PRESENT: SH. RAMESHWAR KoTHE, B.com., L.LB. (Hons.), M.A. PRESIDING OFFICER
ORIGINAL APPLICATION No: 421 OF 2024
Union Bank of India., Srinivasam Complex Branch Tirumala Bypass Road, Behind TMR Kalyana Mandapam Korlagunta, Tirupathi - 517501. Rep. by itsprincipal Officer and Manager.
.. ...Applicant.
Versus
Also at:-
cround Floor, H,No.ZO-7 -22 DBR Hospital Road, Korlaqunta Tirupati - 517501.
AIso at:-
Flat No.515, 5th Floor, Sri Mani Towers Apartments, Lakshmipuram Residential area, Near Tiruchanur Road Tirupathi - 517501.
... Defendants
Counsel for the Applicant
M/s.N.V.Subba Raju
Defendants
Ex-parte 0W'$
oA.NO.421l2024
::qLLEL ::
Whether theApplicant Bank is entitled for the claimmadein the OA against the Defendantsand OA schedule ProPerties?
oA.NO.42Ll2O24
frS"oo
RAITESHWAR KOTHE) 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 properties?
Union Bank of India.
M/s. Kandukuri Enterprises
Mrs. K. Rajitha
Rameshwar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
