In an ex-parte application under Section 17 of the SARFAESI Act, the Tribunal allowed ICICI Bank's claim for recovery of a debt of Rs. 31,50,836/- along with future interest and costs from the defendants.
Allowed the Original Application, directing defendants to pay Rs. 31,50,836/- with future interest and costs, and issuing a 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 HYDERABAD
DATED THIS THE 24TH DAY OF MARCH, 2026
PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB, (Hons.), T4.A.
PRESIDING OFFICER
Original Application No: 376 OF 2025
ICICI Bank Limited., Having its Regional Office at ICICI Bank Tower Plot No.12, Nanakramguda, Serilingampally Ranga Reddy - 500032, Telangana. Rep. by its Authorized Signatory.
...Applicant
Versus
lvludavath Bikkunaik, S/o. Gantala Surya
...'. Defendants
Counsel for the Applicant: Mr. RajenderaPrasad
Defendants
: Ex-parte
::qLLE& ::
oA.No.375l20?5
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants?
OA.No.376/2025
ESHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants?
ICICI Bank Limited.
M/s. Sims Hospital. & Sri. Gantala Bikku
Rameshwar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
