The Debts Recovery Tribunal allowed the bank's original application for recovery of a loan sum of Rs. 28.72 lakh with future interest and costs against the joint defendants.
Defendants ordered to pay bank Rs. 28,72,112/- with future interest at 16.50% p.a.; defendants directed to pay costs; Recovery Certificate issued.
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. MMESHWAR KO.
,^.rror^[,ii.t...."fl., L. LB. (Hons. ), M.A.
Original Application No: 512 OF 2024
IDFC First Bank Ltd., Having its Office at i_10_63/1/1 Veer Chambers, Cnitoti CarOens upp Shoppers Stop, Begumpet Hyoerabad - 500016. Rep. by its Authorized Signatory.
......Applica nt
Versus
.... .. Defendants
Counsel for the Applicant : M/s. Srihari Bath ina
Defendants
:Ex-parte
:: oRDER ::
- The Applicant Bank filed the present OA for the recovery of a total sum of Rs.28,72,112l- towards Loan A/c.No.72625950 from the defendants jointly and severally with future interest @16.5olo p.a. along with penal interest @2olo p.m. fron-the date of application till the date of reatisation atong with ,ortffi(.f
OA,No.s12l2024
2
Whetherthe ApplicantBank is entitled for the claimmade in the OA against the Defendants?
3
OA.No.512/2024
/fu,"" (MFTESHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled to the claim made in the Original Application against the Defendants?
IDFC First Bank Ltd.
M/s. Global Jones
Mr. Bobba phanikumar
AMESHWAR KOTHE
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
