Debts Recovery Tribunal allowed an Originating Application filed by Union Bank of India against K. Manjula for recovery of a term loan. The court held the bank established its claim and ordered payment of the outstanding sum with interest.
Defendant ordered to pay Rs. 22,61,470.72 with future interest at 18% p.a. from 27.12.2024 and issue 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.
IN THE DEBTS RECOVERYTRIBUNAL-I AT HYDERABAD DATED THIS THE 1lrH DAy OF SEPTEMBER, 2025
PRESENT: SRI GUMMADI GOPICHAND, PRESIDING oFFICER
OA.No.6O OF 2025
Between:
Union Bank of India, Branch office at Isnapur, Sangareddy district, Telangana state. Represented by its Authorised officer
Applicant
VERSUS
K. Manjula, D/o K. Hari Shankar, Proprietor of Manjula Industries, Female, 43 years, occ: business, H.No.4-70, Indirakaram, Kandi Sangareddy dist - 502 329
Defendant
Counsel for the Parties:
For the Applicant
For the Defendant
Sri B. Praveen Kumar
Exparte
ORDER
(OA.No.60/202s)
entiiled for tho clalm made in the oA agalnst the Defendant as prayed
for? :.'
the Applicant Bank wAS exarnlned and
he extiibfted FtWft tfbtumeq+ts as Ex.A1 to A.11. In vlew of the
(oA.No.50/202s)
above, I hold that the Applicant Bank has established their claim made in the OA against the Defendant and hence the Applicant Bank is entitled to recover the claim made in the OA with future interest and costs.
of the order to theparties concerned.
by her, corrected, signed andpronounced by mein the opencourton
1 1 SEP ?116
sdl(G. GOPTCHAND) c: PRESIDING OFFICER
1 issue framed by the court
Whether the applicant bank is entitled to recover the claim made in the OA against the defendant as prayed?
1 provisions across 1 enactments
Union Bank of India
Sri Gummadi Gopichand
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
