The Debts Recovery Tribunal allowed the bank's original application for recovery of dues. The defendants were absent. The tribunal held the claims were substantiated by documentary evidence and awarded payment with future interest and costs.
Joint and several liability to pay Rs.39,44,076.13 with interest @11.05% p.a. and costs.
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 17TH DAY OF JUNE, 2025
PRESENT: SH. MMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
Original Application No: 437 OF 2024
ICICI Bank Limited., Gachibowli, ICICI Towers, Serilingampally Mandal, Ranga Reddy District. Rep. by its Authorized Signatory.
...Applicant
Versus
...... Defendants
Counsel for the Applicant
Defendants
M/s.c.Adrian Kiran Raj
Ex-parte
:: ORDER ::
OA,No.437l2024
2
Thepoint thatarises for consideration is:-
whether theApplicant Bank is entitledfor the ctaimmade in the OA against the Defendants?
3
oA.No.4?7 /2024
6vtr!r!9
(RAMESHWAR KOTHE) PRESIDING OFFICER
GI
1 issue framed by the court
Whether the Applicant Bank is entitled to recover the claimed sum with interest and costs against the Defendants?
1 provisions across 1 enactments
ICICI Bank Limited.
M/s...Lakshmi Ganapathi Enterprises.
Yenagantipadma
RAMESHWAR KOTHE
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
