Debts Recovery Tribunal-II at Hyderabad allowed Original Application No. 792 of 2023 filed by Andhra Pradesh Grameena Bank for recovery of debt from defendants. The court held defendants jointly and severally liable.
Defendants directed to pay Rs. 24,76,887 with future interest; mortgage property and bank accounts made liable; 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 15TH DAY OF JULY, 2025
PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB. (Hons.). M.A.
PRESIDING OFFICER
ORIGINAL APPLTCATION No: 792 OF 2023
Andhra Pradesh Grameena Bank., Head Office Chittoor, Andhra pradesh Punganuru Branch, punganu t - 577247 Chittoor District. Rep. by its Chairman.
.....Applicant.
Versus
4 sr.rtww fr*sra4 Counsel for the Applica nt : M/s. &\BfQ,hb4€(a3r.o-' ', Defendants :Ex-parte
:Ex-parte
:: ORDER ::
oA.NO.792l2023
penal interestfrom the date of applicatlontill the date of realizationalong with costs and in default for sale of OA schedule ProPerty.
Whether the ApplicantBank is entitled for the claim made in theOA against the Defendants andOA schedule property?
i) The Defendants arejointly and severally liable to pay to the Applicant Bank a total OW*e
oa.No .79212023
3
sum of Rs.24,76,887/- as on 13.03.2023 with future interest @14.50o/o p.a. simple from the date of application till the date of realization;
iv) the applicant bank is entitled for the costs.
B. The Applicant Bank is directed to file Cost Memo within2 weeks from the date of receipt of this Order.
(RAN4ESHWAR KOTHE) PRESlDlNG OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled to the claim made in the Original Application against the Defendants and the OA schedule property?
Andhra Pradesh Grameena Bank
Rameshwar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
