The Debt Recovery Tribunal allowed the bank's Original Application for recovery of Rs. 22,95,744.77 with future interest against the defendants, who remained ex-parte. The court issued a Recovery Certificate.
Directing the defendants to pay Rs. 22,95,744.77/- with future interest @17% and allowing the bank to proceed against their properties.
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 31St DAY OF OCTOBER, 2025
PRESENT: SH. RAMESHWAR KOTHE, B.com.. L.LB. (Hons.), M.A. PRESIDING OFFICER
ORIGINAL APPLICATION No: 510 OF 2024
M/s IDFC FIRST BANK Ltd. l-70-63/ 7 / 7, Veer Chambers, Chikoti Gardens, Opp. Shoppers Stop, Begumpet, Hyderabad - 500016. Rep by its authorized signatory
......Applicant.
Versus
R/o. SY NO 148 IDA BOLLAMMIDA BOLLAMM Sangareddy, BOLLARAM, MEDAK. TELANGANA _ 502325.
...Defendants
Counsel for the Applicant : Mr. Srihari Bath'na
Counsel for the Defendants : Ex_parte
:: oRDER ::
(,.,,
oa.t{o.s10/2024
severally compoundedmonthly from the date of applicationtlll the date of realizationalong with costs.
Whether theApplicant Bank is entitled for the claimmade in the OA against the Defendants?
oA.NO.s10/2024
the date ofaPPlication till the dateof realization;
iii) theapplicant bankis entitledfor the costs'
PRESIDING OFFlCER
2 issues framed by the court
Whether the Applicant Bank is entitled to the claim made in the Original Application against the Defendants?
Whether the Defendants are liable to pay the claimed sum with future interest and costs?
M/s IDFC FIRST BANK Ltd.
M/s. SIMON LABORAToRIES
Mr. J SRINIVAS
Rameshwar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
