The Debts Recovery Tribunal allowed an original application filed by State Bank of India to recover a principal sum, future interest, and costs from a sole defendant who remained ex-parte, ordering the issuance of a Recovery Certificate.
Defendant ordered to pay Rs. 26,79,171/- with future interest @ 8.75% p.a. and costs; 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.
]N THE DEBTS RECOVERY TRIBUNAL-II AT HYDERABAD DATED THIS THE 22Nd DAY OF JUNE, 2026 PRESENT: SH. RAMESHWAR KOTHE, B.Com. L.LB. (Hons.), M.A. PRESIDING OFFICER
ORIGINAL APPLICATION No: 195 OF 2026
State Bank of India Padmarao Nagar Branch, Postbag no.2, Secunderabad-23, Represented by its Asst. l,4anager, SD Vamshi Krishna
.......Applicant
Versus
lYr. Veluri Vamshkrish na, S/o Mr. Venkateswararao, Aged about: 29 years, Male, Occ: Technical Specia list, R/o. 15-14-115, 5th Line, RTC Colony, Guntur, Andhra Pradesh - 522 001
Defenda nt
Counsel for the Applicant : Mr. Ajgal Ravi Babu Counsel for the Defendant : Ex-parte
B-$'"
oA.NO.19s/2026
::qLLEB::
and was setexparte on representation.
Whether theApplicant Bank is entitled for the claimmadein the OA against the Defendant?
oA.NO.195/2026
iii) the applicant bank is entitled for the costs.
Ow* (RA]qESHWAR 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?
State Bank of India Padmarao Nagar Branch
Sh. Rameshwar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
