The Debts Recovery Tribunal allowed the bank's original application for recovery of a loan amount from the defendants, holding them jointly and severally liable to pay the principal sum with future interest and costs.
Defendants directed to pay Rs. 39,85,708.46 with future interest @ 16% p.a. and costs.
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 19TH DAY OF FEBRUARY, 2026
PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A.
PRESIDING OFFICER
Original Application No: 1041 OF 2025
IDFC First Bank Limited "Now" Earlier M/s. Capital First Limited., Door No.6-3-354, 2nd Floor, SB Towers Near Nagarjuna Circle, Banjara Hills Road No.1, Hyderabad - 500034. Rep. by its Authorized Signatory. ...Applicant
Versus
.... .. Defendants
Counsel for the Applicant : 14r. V. Santosh
Defendants : Ex-parte
::g-LD-L& ::
OA.No.1041/2025
z
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants?
OA.No.104112025
3
HG** ESHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants?
IDFC First Bank Limited
M/s. Crystal Management Services.
Laxmi Iladhavi
Mada Chakradhar
Sh. Rameshwar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
