The Debts Recovery Tribunal, Hyderabad allowed an Original Application filed by Bank of Maharashtra to recover a debt of Rs. 74,88,594.97 plus interest against three respondents jointly and severally.
Relief: Pay Rs. 74,88,594.97 plus 12.25% simple interest; OA claim secured by mortgage; costs allowed.
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 28TH DAY OF AUGUST, 2025
PRESENT: SH. RATYESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
ORIGINAL APPLICATION No: 4f4 OF 2024
Bank of Maharashtra., Sultan Bazar, Hyderabad Branch Hyderabad.
Rep. by its Chief Manager.
.....Applicant.
Versus
Counsel for the Applicant : M/s.G.Adrian Kiran Raj Defenda nts : Ex-parte
:: ORDER ::
oA.NO.474l2024
Thepoint that arises for considerationis:-
Whetherthe Appticant Bank is entitled for thectaimmade in the OA aqainst the Defendantsand OA schedule propertY?
The Defendantsare jointly and severally i) liable topay to the Applicant Bank a total sum ofRs.74,88,594'97ps with future ,t,"ft'vtt' ,z ^gt ,/./9,r;>
oA.NO.474l2O24
3
interest @12.25o/o p.a. simple from thedate of application till the dateof realization;
B. The Applicant Bank is directedto file Cost Memo within2 weeks from the date of receipt ofthis Order'
/&'*
,'.-. (RAMESHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the Original Application against the Defendants and the OA schedule property?
Bank of Maharashtra
BlvlR Housing pvt Ltd.
l.4r.B.Kamalakar Reddy
Mr.B.Mohan Reddy
Rameshwarkothepresidingofficer
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
