The Debts Recovery Tribunal allowed the Objection Application filed by State Bank of India against a defaulting borrower. The tribunal held that the bank established its claim to recover the outstanding principal amount along with interest and costs.
Recovery of Rs. 21,61,727/- with future interest at 11.90% p.a. and issuance of 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 RECOVERYTRIBUNAL-I AT HYDERABAD
DATED THIS THE 17TH DAY OF JUNE'2025
PRESENT: SRI GUMMADI GOPICHAND, PRESIDING OFFICER
OA.No.84 of 2025
Between:
State Bank of India, Stressed Assets Recovery Branch-II H.No. 1-B-563/1, first floor, Opp Sandhya Theatre, RTC"X" roads, Hyderabad, Telangana State. Represented by its Chief Manager
Applicant
VERSUS
Mr. Gande Sai Charan, s/o Sri Gande Krishna Murthy, occ: employee, aged major, H.No,2-2-1 132l16, street no. 1, Shivam road, New Nallakunta, Hyderabad - 500 044.
DeFendant
Counsel for the Pa rties: For the Applicant For the Defendant
Sri Y. Venkataramana Exparte
ORDER
(oA.No.84/202s)
only) wlth further interest @ 11.90o/o p.aand also penal interest @ 2o/o p.a from date of application till the date of realization.
(OA.No.841202s)
entitled for the claim made in the OA against the Defendant as
prayed for?
Seven hundred and twenty seven only) with further interest @ 71.90o/o p.a from date of applicationtill the date of realization.
ant towards realization of the debt due.
(ffi lo- '"7t$
fte nppti-drt aani<?l
1t Juilzm ed to the costs of the OA.
Applicant sha
)st memo within two weeks from the date
(OA,No.84/202s)
(Dictated to the P.A-, transcribed by her, corrected, signed and pronounced by me in the open court on this the 17th day of June, 2025)
sdl-
(G. GOPTCHAND) PRESIDING OFFICER
1 issue framed by the court
Whether the bank is entitled to recover the stressed asset claim under the SARFAESI proceedings?
1 provisions across 1 enactments
State Bank of India
Mr. Gande Sai Charan
Gummadri Gopinath
As recorded by the court registry
2 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
