In an ex-parte application for debt recovery, the court accepted the applicant bank's evidence and awarded decree quantifying the dues, granted interest, and secured the claim with mortgage properties.
Defendants to pay Rs.52,41,607.46 with interest; claim secured by mortgaged property; 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 HYDEMBAD DATED THIS THE O4TH DAY OF AUGUST, 2026
PRESENT: sH. RAMESHWAR Ko L. LB. (Hons. ), M.A. o*.rror*I'ii-ur....?.,
ORIGINAL APPLICATION No: 229 OF 2026
HDFC Bank Limited., Bank House, Department for SDectal uperations, 50_96_5, ptot No. i75 seethamdhara, Opp. Old SBH Visakhapatnam, Andhra pradesh _ 530013. Rep. by its Authorized Signatory.
.... .Appticant.
Versus
...Defendants
Counsel for the Applicant
Defendants
Mr. Alluri Krishnam Raju
Ex-parte
:: ORDER ::
The Applicant Bank filed the present OA for the recovery a total sum of Rs.52,41,607.46ps as on 01.09.2025 from the 6ffi"*',
oA.NO.229l2026
2
defendantsjointly and severally with future interest@18o/o p'a' withmonthly rests plus 2o/openal interest from 02'09 2025 till the dateof realizationalongwith costsand in defaultfor sale of OA schedule ProPerty'
Thepoint that arises for consideration is:-
Whetherthe AppticantBank is entitled for theclaimmade in the OA against theDefendantsand OA schedule
t
oA.NO.229l2026
i) The Defendants arejointly and severally liable to pay to the Applicant Bank asum of Rs.52,41,607.46ps with future interest @9.95olop.a. simple from thedate of application till the date of realization;
PRESIDING OFFICER
2 issues framed by the court
Whether the bank is entitled to recover the claim amount from the defendants.
Whether the mortgage schedule property secures the debt.
HDFC Bank Limited
Sri Vigneswara Traders
K. Hari Babu
K. Manjula
Rameshwar K. L.
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
