Debts Recovery Tribunal allowed an application by Karnataka Bank for recovery of Rs. 33,19,510.08 plus interest and costs against two defendants, ruling they were liable based on evidence despite being arrayed abroad.
Defendants to pay Rs. 33,19,510.08 with interest; claim secured by mortgage; 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 HYDERABAD DATED THIS THE lOth DAY OF DECEMBER, 2025
PRESENT: SH. RAIVIESHWAR KOTHE, B.Com, L.LB. (HonS,), M.A. PRESIDING OFFICER
ORIGINAL APPLICATION No: 753 OF 2025
KARNATAKA BANK Ltd., D. No. 16-11-7401A/7/A, CMR Soni Arcade, Near Metro Pillar No. A 1519 Gaddi Annaram, Dilsukhnagar, Hyderabad - Rep by its General Power of Attorney Holder
......Applicant.
Versus
Aged about 51 years
Occ: Business, R/o H. No. 5-96, Chandupatla, Nakrekal Mandal,
Nalgonda, Telangana State - 508211.
WoThandu Srinivasulu, Aged about 38 years, Occ: House Wife, PJo H. No. 5-96, Chandupaua, Nakrekal Mandal, Nalgonda, Telangana State - 508211.
...Defendants
Counsel for the Applicant : Mr. N. Rama Rao
Counsel for the Defendants : Ex-parte
:: ORDER ::
oA.NO.753/2025
@13.90o/oper annumrate compounded monthly from the date of application till the date ofrealization along withcostsand in default sale of OA scheduleproperty.
Whether the ApPlicant Bank is entitled for the claim madein the OA against the Defendants and OA mortqaqed property?
i) The Defendants are llable topay to the Applicant Bank a sum ofRs.33,19,510.08ps Q-'rtre
oA.NO.7s3l2025
towards home Loan Facility with future interest @8.90o/o p.a. simple from the date of application till the date of realization;
(Dlctated to the steno, corrected, signed and pronounced by me in the open court on this the 10th Day of December, 2025)
Ow"* (RAMESHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants and OA mortgaged property?
KARNATAKA BANK Ltd.
MT. THANDU SRINIVASULU
Mrs. THANDU RENUKA
RAAVIESHWAR KOTHE
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
