The Debts Recovery Tribunal allowed an original application filed by HDFC Bank Ltd. for recovery of approximately Rs. 37.72 lakh against two defendants who remained in default. The court held the defendants jointly and severally liable.
Out of Rs. 37,72,430.60 with future interest at 10.25% p.a. simple; issuance of Recovery Certificate.
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.
"ORIGIFAL"
IN THE DEBTS RECOVERY TRIBUNAL-IIAT HYDEMBAD DATED THIS THE 12TH DAY OF AUGUST,2025
PRESENT: SH. RAMESHWARKOTHE,B.Com., L.LB. (Hons.), lvl.A. PRESIDING OFFICER
ORIGINAL APPLICATION No: 486OF 2023
H DFC Ba n k Ltd., Having its office at # 1-10-60/3, 3'd Floor, Suryodaya Complex, Begumpet, Secunderabad Ma ndal Hyderabad - 500016. Rep. by its Authorized Signatory.
.....Applicant.
Versus
...Defendants
Counsel for the Applicant : M/s.l,l.Srinivas Reddy
Defendants
: Ex-pa rte
:: ORDER ::
oA.NO.486/2023
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants and OA schedule properties?
oA.NO.486/2023
Rs'37,72,430'6pswithfutureinterest @10.25olop'a' simple from the date of applicationtill the date of realization;
ii) the OAclaim issecured bY way of in the r,,,+,116...,, "t @described 0r'tP-<sup>['a </sup> schedule annexed tothe OA and the
iv) the applicant bank is entitled for the costs.
fuff
(RATi-ESHWAR 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?
H DFC Bank Ltd.
Vanarasi Venkatesh
Vanarasi Kanakamma
RAMESHWAR KOTHES
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
