The Debts Recovery Tribunal allowed an original application filed by State Bank of India for recovery of Rs.23,27,871/ with future interest and costs against a defendant who appeared ex-parte. The Tribunal issued a recovery certificate.
The defendant is ordered to pay Rs.23,27,871/- with future interest at 12.80% p.a. and 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 29TH DAY OF JULY, 2025
PRESENT: SH. MMESHWAR KoTHE, B.com., L.LB. (Hons.), M.A. PRESIDING OFFICER
Original Application No: 630 OF 2024
State Bank of India., Arpeerpet Branch, D. No.7-1-617lA 616, 615, Imperial Towers, Behind South India Shopping Mall, Ameerpet Hyderabad - 500016, Rep. by its Chief Manager.
.....Applicant
Versus
Mr. Vadde Prabhakar Rao S/o.Sri. Vadde Kotaiah, Aged about 52 Years, Occ: Govt Employee H.No.6-3-29613, ASM Towers, Choudary Street, Bank Colony, Near SBI Bank Khammam - 52700L.
...... Defendant
Counsel for the Applicant
: M/s.Y.Venkataramana
Defendants
: Ex-parte
:: ORDER::
OA.No.630/20e4
*lrd.
a'
Thepoint thatarises for consideration is:-
Whether theApplicant Bank is entitted for the claimmade in the OA against the Defendant?
oA.No.630/2024
3
(RAMESHWARKOTHE) PRESIDINGOFFICER
2 issues framed by the court
Whether the Applicant Bank is entitled to the claim made in the original application against the Defendant?
Relief to be granted against the defendant in claim of Rs.23,27,871/.
1 provisions across 1 enactments
State Bank of India, Arpeerpet Branch
Rameshwar Koth
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
