Allowed

State Bank of India v. Sri Bhaskar Donthula

DRT27 Mar 2026OA/220/2025

Case brief

AI extract

What is this about?

DRT allowed an Original Application filed by State Bank of India for a Recovery Certificate against Mr. Bhaskar Mallesh Donthula for a defaulted personal loan. Defaulting in person, the defendant was set ex parte. The court found the claim valid and granted recovery plus interest.

What did the court decide?

Recovery Certificate allowed for Rs. 22,91,914 plus interest at 11% simple per annum; liability attached to personal assets.

State Bank of India versus Sri Bhaskar Donthula — Banking and Recovery | DRT (2026)

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IN THE DEBTS RECOVERY TRIBUNAL II, KARNATAKA AT BENGALURU

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Dated this 27^th Day of March, 2026

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Present: Sri. T. RAJESH Presiding Officer OA.No.220/2025

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BETWEEN:

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State Bank of India Hoskote Branch KR Road, Sri. Sannidhi, Near JC Circle, Hoskote – 562 114 Bangalore Rural District

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Rep: by its Branch Manager Sri. Thomas Mathew …APPLICANT

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AND:

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Mr. Bhaskar Mallesh Donthula S/o. Mallesh Venkayya Donthula Aged about 53 years R/at: no. 152, 2^nd cross, MS Ramayya North City, Thanisandra Main Road, Near Elements Mall, Nagavara Bangalore – 560 045

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And also, at: Mr. Bhaskar Mallesh Donthula IBM India Pvt. Ltd Associate project manager (technology department) D2, block Manyata tech park, Thani Sandra, Bangalore – 560 045 ...DEFENDANT

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OA-220/2025

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Counsel on record/appeared for:

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Applicant : B Prasanna Kumar Defendant : Ex parte

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FINAL ORDER

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The present Original Application in short (OA) has been filed under section 19 of Recovery of Debts and Bankruptcy Act 1993 seeking for issuance of Recovery Certificate against the defendant for Rs. 22,91,914/- (Rupees Twenty-Two Lakhs Ninety-One Thousand Nine Hundred and Fourteen Only) with further interest thereon from the date of filing the Application till realization.

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It is the case of the applicant that, the defendant is availed a personal loan of Rs. 25,00,000/- (Rupees Twenty-Five Lakhs Only).

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It is also the case of the applicant that, in view of the above availed loan, the defendant executed the necessary loan documents.

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It is further contended that, despite availing the credit facility, agreeing to service the loan amount promptly and regularly, the defendant failed in complying the same, resulting in default in repayment and consequentially turning the loan accounts as NPA.

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In the above circumstances, the applicant approached this Tribunal by filing this OA seeking issuance of Recovery Certificate for the amount due in the account.

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OA-220/2025

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Despite, service of summons on the defendant, he failed to appear, resulting the defendant being set ex parte on 09.07.2025.

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The applicant had let in evidence through AW-1, who filed Proof Affidavit reiterating the contentions taken in the OA and also produced Exhibits A-1 to A-8 and got the same marked in evidence.

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Heard the Ld. Counsel for the Applicant and considered the contentions as taken in the OA in the light of documentary evidence and proof affidavit.

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The following issues arise for consideration in this matter:

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i) Whether the applicant had succeeded in proving the OA claim as against the defendant?

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ii) What order are to be passed?

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Both these issues are gone into and decided together.

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The case put forth by the applicant in the Application remains unrebutted as defendant remained ex parte. The evidence tendered by the applicant remains uncontroverted and undisputed. The evidences put forth by the applicant were found admissible and are sufficient to prove availment of credit facility as stated in the OA, creation of the security interest and the defaults committed in the

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accounts. The liability of the defendant and the claim of the amount

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due are also proved by the above document. The claim of the

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OA-220/2025

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applicant is well within the limitation.

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Hence in view of the findings arrived herein above, the Tribunal

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find both these issues are in favour of applicant and hence, this

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Tribunal is of the view that OA is to be allowed.

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Taking into consideration the facts that the credit facility is

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availed for Personal purpose and also that the OA claim is arrived at by calculating interest at the agreed rate, this Tribunal is the view

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that the OA can be allowed with a reduced interest of 11.00% (simple).

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In the result, OA.No.220/2025 stands allowed,

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The applicant is allowed to recover an aggregate sum of Rs.

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22,91,914/- (Rupees Twenty-Two Lakhs Ninety-One Thousand Nine Hundred and Fourteen Only) with further interest @11.00 % p.a.(simple) from the date of filing OA till the realization, from the defendant personally, after giving credit to all the amounts recovered and received during the pendency of the OA

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ii) In the event of failure of the defendant to pay the

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aforesaid amount, the bank is at liberty to proceed against the defendant personally, and his assets are liable for all such amounts due under the loan account.

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OA-220/2025

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iii) The applicant bank is allowed cost of the proceedings

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which applicant to file cost memo within 7 days from the date of receipt of the order.

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iv) The Recovery Certificate to be drawn in terms of this order

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and transferred to Recovery for execution.

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v) Interim application pending, if any, stands disposed of in

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terms of this final order.

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Communicate a copy of the order to the parties concerned in

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terms of Section 19(21)(i) of the RDB Act, read with Rule 16 of DRT

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(Procedure) Rules, 1993.

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[Dictated to the Stenographer (HS), transcribed by her, corrected and signed and pronounced by me in

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the Open Court, this the 27^th Day of March, 2026].

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Sd/-

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(T. RAJESH) PRESIDING OFFICER

OA-220/2025

ANNEXURES

WITNESSES EXAMINED FOR THE APPLICANT BANK:

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AW-1 Arun Kumar S, S/o. Siddalingaiah, Field Manager, of Applicant Bank.

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Exhibits on the part of the Applicant:

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Exhibit	Particulars of Documents
Nos.
A1	A copy of the loan application dated 17.05.2023
A2	A copy of the appraisal cum sanction report dated 17.05.2023
A3	A copy of the arrangement letter dated 19.05.2023
A4	A copy of the personal loan agreement dated 19.05.2023
A5	A copy of the irrevocable instructions letter dated 19.05.2023
A6	A copy of the demand notice dated 04.11.2024
A7	A copy of the postal receipt
A8	A copy of the statement of personal loan account no. 41929518321

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Witness Examined for the Defendant:

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-Nil -

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List of Documents Exhibited for the Defendant:

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-Nil -

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Sd/-

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(T. RAJESH) PRESIDING OFFICER

State Bank of India v. Sri Bhaskar Donthula

Case brief

What is this about?

What did the court decide?

State Bank of India v. Sri Bhaskar Donthula

Case brief

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