Allowed

State Bank of India v. Mr. Rajesh Darla

DRT7 Jul 2026OA/279/2026

Case brief

AI extract

What is this about?

Debt Recovery Tribunal allowed the Applicant Bank's application to recover Rs. 21,54,317/- (principal and future interest) from the Defendant, who was absent. The Court held the claim established on evidence and directed issuance of a Recovery Certificate.

What did the court decide?

Recovery Certificate issued; Defendant liable to pay Rs. 21,54,317/- with future interest at 11.80% p.a. and costs of application.

State Bank of India versus Mr. Rajesh Darla — Banking and Recovery | DRT (2026)

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IN THE DEBTS RECOVERY TRIBUNAL - IAT HYDERABAD DATED THIS THE OTth DAY OF JULY, 2026

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PRESENT: SRI GUMMADI GOPICHAND, PRESIDING OFFICER

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OA. No. 279 OF 2026

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Between :

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State Bank of lndia, Parishrama Bhavan Branch, Basheerabagh, Hyderabad Represented by its Chief Manager

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Applicant

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VERSUS

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Mr. Rajesh Darla S/o D. Baburao

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Aged 42 years, Occ: Solution Lead Emp id 790377,

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O/o Tech Mahindra Limited, lnfo City, Hi-Tech City, Layout Madhapur, Hyderabad, Telangana - 500081

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Also at - R/o H.No.402,

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Laxmi Chandra Nilayam, Mathrusri Nagar, Miyapur, Hyderabad - 500049

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Also at -

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Rio D.No.8-139-14, Near Siddhardha Public School, Vissannapet, Krishna Andhra Pradesh - 521215

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*
0 7 ,!'!!. fin6
.'
Defendant

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(oA. No. 27912026)

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Counsel for the parties :

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For The Applicant K. Narayana Rao For the Defendant Exparte Reserved on 01.07 .2026 Pronounced on 07.07.2026 Upload in website on 08.07.2026

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ORDER

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The Applicant Bank filed the present OA against Defendant for recovery of a total sum of Rs.21,54,317/- (Rupees Twenty one lakhs Fifty Four Thousand Three Hundred Seventeen Only) with future rate of interest @11.80Yo p.a with monthly rests from the date of this application till the date of realization.

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As per the averments in the application, the Applicant Bank states that Defendant availed Personal loan under Xpress Credit Elite Scheme of Rs.25,00,0001 repayable in72 equated Rs.48.616t- o.m with interest and monthlv instffib( execulea:ffi'S"Hk4\reement dated 18 08 2023 in favor of ,ti'ie Applffint Aafrf\r6tter availing the loan facility, the defendant tlire0;gp 6lmnrpt|fe terms of sanction, hence the classified account as NPA on 16.10.2025

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(OA. No.279/2026)

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and issued Legal Notice dated 18.12.2025 to the defendant. lnspite of several requests and demands, the defendant did not clear the outstanding. Hence this OA.

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Defendant called absent and set exparte on 0l .07.2026.

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Sri. D. Sreekar, Assistant Manager of the Applicant Bank examined himself as AW.1 and exhibited relevant documents, which are marked as Ex.A.'t to A.6.

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Heard the Ld. Counsel for the Applicant Bank.

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The point that arise for consideration is whether the Applicant bank is entitled for the claim made in the OA against the Defendant as prayed for?

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Defendant remained exparte. To substantiate the case of the Applicant Bank, AW.1 , official of the Applicant Bank was examined and he exhibited relevant documents as Ex.A.1 to A.6. ln view of the above, I hold that the Applicant Bank has established their claim made in the OA against the Defendant and hence the Applicant^gahk is entitled to recover the claim made in interest and costs.

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(oA. No.279/2026)

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I ln the result, the present OA is allowed with costs, as^under:

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The Defendant is liable to^pay to the^{ApplicantBank a total sum} of Rs. 2'1,54,3171-^(Rupees Twenty one^{lakhs Fifty Four} Thousand Three Hundred Seventeen^{Only) with future rate of} interest @11.80Yo^p.a from the^date of^{this application till the} date of realization.

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The Applicant Bank is entitled to^{proceed againstthe person} and properties of Defendant^{towardsrealizationof the debt} due.

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10 That Applicant Bank is entitled^{to the costs of the OA.}

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The Applicant shall file a cost^{memowithin two weeks from the} date of receipt of order.

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lssue Recovery Certificate accordingly.

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13 Communicate a copy of^{the order to the parties concerned.}

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(Dictated to the P A., transcribed by her, corrected, signed^{and pronounced by me in the open coudon} day of Jul, 2026)

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sd/-
(G. GOPICHAND)
PRESIDING OFFICER

State Bank of India v. Mr. Rajesh Darla

Case brief

What is this about?

What did the court decide?

State Bank of India v. Mr. Rajesh Darla

Case brief

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