Debts Recovery Tribunal allowed an original application filed by Induslnd Bank Limited for recovery of Rs. 4,40,51,511.39 along with future interest and costs against three respondents who remained in ex-parte default.
Respondents directed to pay Rs. 4,40,51,511.39 with future interest @7.94% p.a., costs, and bank to issue Recovery Certificate.
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 14TH DAY OF AUGUST, 2026
PRESENT: SH. RAMESHWAR KOTHE, B.Com.. L.LB. (HonS.), M.A. PRESIDING OFFICER
ORIGINAL APPLICATION No: 289 OF 2026
M/s. Induslnd Bank Limited., Secunderabad Branch. 1-10-72, 3rd Floor Ashoka Janardhan Chambers, Begumpet Secunderabad - 500016. Rep. by its Authorized Signatory.
.....Applicant.
Versus
... Defendants
Counsel for the Applicant : Mrs. Maanam Sailaja Defendants : Ex-parte ::qLLE-L ::
oa.No.289/2026
p.a. from the date of application till the date of realization along wlth costs and in default for sale of OA scheduleproperties.
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants and OA schedule properties?
oA.NO.2a912026
Rs.4,40,51,511.39pswith future interest @7.94o/o P.a.simPle from the date of applicationtill the date of realization;
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants and OA schedule properties?
M/s. Induslnd Bank Limited.
M/s. Hoya Enterprises.
Mr. Sunil Kumar Meena
Mrs. Anita
Rameshwar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
