In an original application for debt recovery, the Debts Recovery Tribunal allowed the claim of Axis Bank Ltd. against Shama Enterprises and Pravin Begum ex-parte, ordering joint and several liability for the principal, interest, and costs.
Defendants ordered to pay Rs.26,01,343.47 with future interest @12% p.a.; 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 12TH DAY OF N4ARCH, 2026
PRESENT: SH. RAMESHWAR KOTHE, B.COM., L.LB.(HONS.), M.A.
PRESIDING OFFICER
Original Application No: 1028 OF 2025
Axis Bank Ltd.,
5-2-t83 / 7a4, Modi Square III Floor, R P Road, Secunderabad - 500003. Rep, by its Authorized Signatory.
.Applicant
Versus
Balanagar, Hyderabad, Medchal lvlalkajgiri - 500011.
Balanagar, Tirumalagiri, Hyderabad-50001 1.
......oefendants
Counsel for the Applicant :M/s. LotusLaw Associates
Defendants : Ex-Parte
::qLLE& ::
OA.No.1028/2025
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants?
OA.No.1028/202s
3
iii) the applicant bank is entitledfor the costs.
Communicate a copyof this order to the parties concerned. (Dictated to the steno., transcribedby him, corrected,signedand pronouncedbyme in the open court on thisthe 12th day of March, 2026).
(RAMESHWAR KOTHE) PRESIDING OFFICER
j,
1 issue framed by the court
Whether the Applicant Bank is entitled to the claim made in the Original Application against the Defendants?
Axis Bank Ltd.
Shama Enterprises.
Pravin Begum
Rameshwar Kothé
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
