Debts Recovery Tribunal allowed the bank's original application for recovery of a loan amount of Rs. 28,66,562/- plus future interest and costs against the defaulting employee following an ex-parte hearing.
Ordered defendant to pay Rs.28,66,562/- with future interest at 11.80% p.a. simple; granted costs and recovery certificate.
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 27TH DAY OF APRIL, 2026
PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB.(Hons.), M.A. PRESIDING OFFICER
Original Application No: 187 OF 2026
State Bank of India., Alkapur Township Branch(62217) Puppalaguda, Rangareddy District. Rep. by its Chief Manager.
.....Applicant
Versus
Mr. Naresh Banothu, S/o. Banoth Laxman Age 41 Years, Occ: Employee R/o. H.No.5-89-1, Reddy Nayak Thanda Dhulimitta Ma nda l, Dhoolumitta Sidd ipet, Telangana - 506367.
...... Defendant
Counsel for the Applicant : lvlr. HariPrasadPodila
Defendants : Ex-pa rte
::qLLqR ::
OA.No.18712026
2
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendant?
iii) the appricant bank is entiued ro, rne costs.o$-'vu$
OA.No.La7l2026
(RAMESHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendant?
1 provisions across 1 enactments
State Bank of India., Alkapur Township Branch
Mr. Naresh Banothu
Rameshwar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
