The Debts Recovery Tribunal allowed an original application filed by State Bank of India for recovery of Rs.26,77,346/- and interest against a private employee defendant who defaulted on a personal loan. Recovery certificate was issued.
Defendant to pay Rs.26,77,346/- plus 11.80% p.a. interest from 11.11.2025 till realization; 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 RECOVERYTRIBUNAL.I AT HYDERABAD
DATED THrS THE 23RD DAy OF MARCH, 2026
PRESENT: SRI GUMMADI GOPICHAND, PRESIDING OFFICER
OA.No.17 of 2026
Between:
State Bank of India, Himayath nagar branch 3-53d06, Himavathna;jr x roads Hyderabad, Telangana - 500 029. Represented by its Asst. Manager
Applicant
VERSUS
Mr. Arun Kumar Mantoor, S/o Lakshmi Rajam, aged 43 years, occ: private employee, R/o 18-66/13K, flat no.205, KM Residency, Hari priya nagar Siddipet, Telangana -502 1Oj.
Defendant
Counsel for theparties:
For the Applicant Sri Ajgal Ravi Babu For the Defendant Exparte Reserved on 16.03.2026 Pronounced on 23.03.2026 Uploaded in website on 23.03.2026
ORDER
(oA.No.17l2026)
with further interest @ 11.80o/o p.a with monthly rests from LL.tt.2025 till the date of realization.
entitled for the claim made in the OA against the Defendant as prayed
for?
(oA.No.17l2025)
exhibited relevant documents as Ex.Al to A.7. In view of the above, I hold that the Applicant Bank has established their claim made in the oA against the Defendant and hence the Applicant Bank is entiiled to recover the claim made in the OA with future interest and costs.
@ 11.80o/op.a from 11.11.2025 till the date of realization.
(Dictated to the P.A., transcribed by her, corrected, signed and pronounced by me in the open court on
sdl-
did EC (G. GOPTCHAND)
PRESIDING OFFlCER
^..f":r n.sbti'f l.rAA
,, ; I _.,, ."i ).i; i{.,!84Dl
2 issues framed by the court
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendant?
Whether the Defendant is liable to pay the claimed amount with interest?
State Bank of India, Himayath nagar branch
Gummadigopichand
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
