Debts Recovery Tribunal allowed ICICI Bank's recovery application against two defendants jointly and severally liable for a sum of Rs. 69,20,629.12 with future interest and costs.
The defendants are jointly and severally liable to pay Rs. 69,20,629.12 with future interest at 10.25% p.a. and costs.
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 3OTH DAY OFAPRIL, 2025
PRESENT: SH. RAMESHyjTIglHl,B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
Originat Apptication No: 631 OF 2024
ICICI Bank Ltd., Having its Branch Office at ICICI Bank Towers, 4th Floor, !:o.,lu,.Y3ll:,Division, North wins, sy.No.115/27, ptot No.12, Nanakramguda, Hyderabad_500032. Rep. by its Manager and power of Attorney.
...Applicant
Versus
......Defendants
Counsel for the Applicant : V. Dharmasuri
Defendants
: Ex-parte
:: ORDER ::
oA.No.63U2024
andseverally with future interest@10'45o/op a from the date of tn" Out"of realisation alongwith costs' "OO,O",'"",,',
oA.No.631/2024
3
f-oi.tai"at" ,f" """o., open court onthis the3O'hday ofApril, 2025)'
AY'**b / t,/ 'rr'-
( nntfesnwan rorne) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled for the amount claimed in the Original Application against the Defendants?
ICICI Bank Ltd.
V/t.t praiibha Filling Station
Mrs. Pratibha Rao Tirukkovalluri
RAMESH TITHI
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
