The DRT-II, Hyderabad allowed an original application by Bank of Baroda for recovery of loan dues totaling Rs. 40,34,300/- with future interest and costs against a defaulting borrower.
Defendant directed to pay Rs. 40,34,300/- with future interest @11.90% p.a. costs and attach hypothecated vehicle.
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 2OTH DAY OF MARCH, 2026
PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
ORIGINAL APPLICATION No: 1053 OF 2025
Bank of Baroda., S R Nagar Branch, 8-3-214/l Annapurna Nilayam, Opp. Community Hall, Srinivasa Nagar Colony West Hyderabad - 500038. Rep. by its Chief Manager.
.....Applicant.
Versus
Varikuppala Srikanth, S/o. Varikuppala Yadaiah, aged about 34 Years, Occ: Business R/o. H.No. 1-69, Malkizguda, Yacharam Mandal, Medipally Post, Ranga Reddy District Telangana - 501509.
... Defendant
Counsel for the Applicant : Mr. G. Venkat Sri Maithreya Defendant : Ex-parte
:: ORDER::
oA.NO.10s3/202s
Whether the ApplicantBank is entitled for the claim madein theOA against the Defendant andOA hYPothecated vehicle?
ii) the OA claim is secured bYway of hypothecation of vehicle describedin the schedule annexed to theOA and the 6M$s
oA.NO.10s3/2025
applicant bank is entitled toproceed against the same to realise its debt;
lBo'-"
lnAuEsnwnRKorHE) PRESIDING OFFICER
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
Bank of Baroda, S R Nagar Branch
Rameshwar Kothé
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
