The Debts Recovery Tribunal allowed the bank's application for recovery of loan dues totaling Rs. 33,13,156/- along with interest and costs against the defaulting borrowers and secured vehicle.
Defendants ordered to pay Rs. 33,13,156/- with future interest; bank entitled to seize hypothecated vehicle and other properties; 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 RECOVERY TRIBUNAL-II AT HYDERABAD
DATED THIS THE 1OTH DAY OF JULY, 2026
PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
ORIGINAL APPLICATION No: 225 OF 2026
M/s. ICICI Bank Ltd., Branch Office at 8-3-833/105, Nilgiris Build in9. Kamalapuri Colony, Srinagar Colony Main Road, Hyderabad - 500073. Rep. by its Authorized Signatory.
.....Applicant.
Versus
... Defendants
: Mr. V. Dharma Suri Counsel for the Applicant
Defendants : Ex-parte
:: Q-B-LL& ::
oA.NO.22sl2025
realization alonq with costs and in default for sa le of hypothecated vehicle.
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants and OA hypothecated vehicle?
i) The Defendants arejointly and severally liable topay to the Appllcant Bank a sum of 'Y.u''r'tl
oA.NO.22sl2026
3
Rs.33,13,156/- towards Loan A/c. Nos. UPHYD00049188995 and LAHYD00049278013 with future interest @15olop.a. simple from the date of application till the date of realization;
ii) the OA claim is secured by way of hypothecation of vehicle described in the schedule annexed to the OA and the applicant bank is entitled to proceed against the same to realise its debt;
f,.Nat tb'v '
ESHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled to the claim made in the Original Application against the Defendants and sale of the hypothecated vehicle?
M/s. ICICI Bank Ltd.
Mr. Eluri Venkata Pavan Kumar
M/s. Pavan Eluri & Co.
RAMESHWAR KOTHE
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
