The Tribunal allowed an Original Application filed by Axis Bank Ltd. for recovery of Rs. 27.12 lakhs with interest from the defendant, confirming liability based on ex-parte evidence.
Respondent liable to pay Rs. 27,12,618/- with interest; OA claim secured by hypothecated vehicle; recovery certificate to be issued within 2 weeks.
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 AT HYDERABAD DATED THIS THE 1lIH .TRIBUNAL.II ot NoVEMBER' 2o2s PRESENT: an. rurn* *olot
o*rrrorrlro.ir1...u?.,L. LB.(Hons. ), M.A.
ORIGINAL APPLICATION No: 81 oF 202s
Axis Bank Ltd.. Having its offi;e at 5_2_183/184 :_-.1o9r,ModiSqua re, S.p.ioao >ecunoerabad Mandal, Secunderabad _ 5OO0O3. Kep. by its Authorized Signatory.
.....Applicant.
Versus
Eadunuri Santosh, S/o.Eadunuri Keshavulu Age 34 Years. Occ: pvt. Service H.No.5-59, Thimmapuram, Jajireddygudem Nalgonda - 508224.
Also at:-
Eadunuri Santosh, S/o. Ead unuri Keshavulu Age 34 Years, Occ: Pvt. Service C/o. Sri Dhanalxmi Agencies, H.No.9-62lB Nalgonda Road, Narketpally, Nalgonda-508254.
... Defenda nt
Counsel for the Applicant
: M/s. Lotus Law Associates
Defendant
:Ex-parte
:: CLLD-LL ::
oANO81/202s
oA.NO.81/2025
schedule annexed to the OA and the applicant bank is entifled to proceed against the same to realise its debt;
iii) the applicant bank is also entitled to proceed against the person and properties of defendants for realization of its dues;
iv) the applicant bank is entifled for the costs.
B' The Appricant Bank is directed to fire cost Memo within 2 weeks from the date of receipt of this Order.
PRESIDING OFFICER
i
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendant and OA hypothecated vehicle?
1 provisions across 1 enactments
Axis Bank Ltd.
Eadunuri Santosh
A.N. Ashrafful Hussain
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
