In an original application for debt recovery filed ex-parte, the Tribunal examined bank documents and found the defendants jointly and severally liable to pay the claimed sum with interest and costs.
Directs joint and several liability to pay Rs. 24,64,400.84 with 9.25% p.a. interest; directs recovery certificate issuance; allows 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.
]N THE DEBTS RECOVERY TRIBUNAL-II AT HYDEMBAD
DATED THIS THE OSTH DAY OF ]ULY, 2025
PRESENT: SH. RAMESHWAR KOTHE, B.COM., L.LB. (HONS.), M.A. PRESIDING OFFICER
Original Application No: 481 OF 2024
IDFC First Bank Limited., Earlier M/s. Capital First Limited, Door No.6-3-354, 2nd Floor, S B Towers, Near Nagarjuna Circle, Banjara Hills Road No.1, Hyderabad-500034. Rep. by its Legal Manager. ...Applicant
Versus
...... Defendants
Counsel for the Applica nt : M/s. V.Santosh
Defendants
:Ex-parte
:: (LLLEE ::
oA.No.481/2024
2
and severally with future interest @24olo p.a. with monthly rests from the date of application till the date of realisation along with costs.
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants?
OA.No.481/2024
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(RAMESHWAR 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?
IDFC First Bank Limited
Sri Yogeshwara Enterprises
Thoodi Prabhakar
Thoodi Maneela
Rameshwar Kothé
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
