Debts Recovery Tribunal allowed the bank's original application for recovery of a home loan amount of Rs. 20,98,663.17 plus interest and costs from the defendants who remained in absentia. The court held the mortgage secured the debt.
Defendants directed to pay Rs. 20,98,663.17 plus interest; bank entitled to enforce mortgage and recover 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 22ND DAY OF APRIL, 2026
PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A.
PRESIDING OFFICER
ORIGINAL APPLICATION No: 173 OF 2026
Bank of India.,
Ana ntha pur Branch, First Floor Balaji Towers, Subhash Road 12-313, Ananthapur District - 505001. Rep. by its Authorized Signatory.
.....Applicant.
Versus
... Defendants
Counsel for the Applicant : I4r. K. V. Nageswara Rao Defendants : Ex-pa rte
:: 9,8-LE-L ::
oA.NO.173/2026
2
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants and OA schedule property?
/fu:**
oA.NO.173/2026
3
@8.75olo p.a. simple from the date of application till the date of realization;
ffi'-** ESHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the bank is entitled to recover dues from defendants jointly and severally for a home loan?
Bank of India, Ananthapur Branch
Rameshwar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
