Allowed an Original Application filed by State Bank of India against a defendant for recovery of dues towards an Xpress Credit Loan of Rs. 22.55 Lakhs with interest and costs, as the defendant remained ex-parte.
Defendant to pay Rs. 22,55,477/- with interest at 11.80% p.a. and costs; 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 RECOVERY TRIBUNAL.II AT HYDERABAD
DATED THIS THE 13TH DAY OF NOVEMBER, 2025
PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
Original Application No: 802 OF 2025
State Bank of India., Vanasthalipuram Branch, Phase I Sy.No.201, Vanasthalipuram Commercial Complex, Ranga Reddy District, Telangana - 500661. Rep. by its Assistant Manager.
.....Applicant
Versus
Mr. Birakayala Praveen, S/o. Birakayala Swamy, Aged 46 Years, Occ: Tradesman-D CAD, ECIL, R/o. H.No.C-13/19, DAE Colony ECIL, Hyderabad, Telangana - 500062.
Also at:-
C/o. The General Manager(Nuclear) Control Automation Division(CAD) Electronic Corporation of India Limited ECIL, Hyderabad - 500062.
......Defendant
Counsel for the Applicant : Mr. Ajgal Ravi Babu
Defenda nts
: Ex-parte
:: ORDER ::
oA.No.802/202s
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendant?
OA.No.802/2025
-ror\3f
SHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendant?
State Bank of India.
Mr. Birakayala Praveen
Rameshwara Ramesh Thota
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
