The HRID NHS-II at Hyderabad allowed the bank's original application for recovery of Rs. 54,86,501.96 plus interest and costs against ex-parte defendants, holding them jointly and severally liable and issuing a recovery certificate.
Direct payment of Rs. 54,86,501.96 with interest, entitlement to proceed against property, 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.
]N THE DEBTS RECOVERY TRIBUNAL-II AT HYDERABAD DATED THIS THE 18TH DAY OF FEBRUARY, 2026
PRESENT: SH. RAI4ESHWAR KOTHE, B.Com., L.LB. (HonS.), M.A, PRESIDING OFFICER
ORIGINAL APPLICATION No: 1010 OF 2025
Punjab National Ban k., Asset Recovery Management Branch Hyderabad, My Home Jupally, 1st Floor Greenlands, Ameerpet Road, Hyderabad - 500016. Rep. by its Authorized Signatory.
.....Applicant.
Versus
Also at:-
Shri Pulluri Sairam, S/o. Pulluri Sammaiah, Age Major, Occ:Pvt Employee, Plot No.15, Karthikeya Avenues, Sy.No.431 & 432, Budvel Village, Rajendranagar Mandal, Hyderabad.
Also at:-
Smt. Pulluri Swapna, W/o.Pulluri Sairam, Age Major, Occ:Housewife Plot No.15, Karth ikeya Avenues Sy.No.431 & 432, Budvel Village Rajendranagar Mandal, HYderabad.
fu,,\
... Defendants
oA.NO.1010/2025
Counsel for the Applicant
: IVI/S, M. V. KINI
Defendants
:Ex-parte
:: ORDER ::
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants and OA schedule property?
oa.No.101o/202s
Hence, I hold that the Defendants are jointly and severally liable topay the OA claim to the Appllcant Bank with future interest and costs.
iv) the applicant bank is entitled for the costs.
oA.NO.1o1o/2025
4
-i.uA
(RAMESHWAR KOTHE) PRESIDING OFFICER
2 issues framed by the court
Whether the Applicant Bank is entitled to the claim made in the original application against the Defendants and OA schedule property?
Whether the Defendants are jointly and severally liable to pay the OA claim to the Applicant Bank?
Punjab National Bank
Shri Pulluri Sairam
Smt. Pulluri Swapna
RAJESHWAR KOTHE
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
