Allowed

Bank of Baroda v. Kalamanda Krishna

DRT23 Jun 2026OA/399/2026

Case brief

AI extract

What is this about?

The Debts Recovery Tribunal allowed an original application filed by Bank of Baroda to recover a debt of Rs. 42,24,837.27 plus interest and costs from a sole respondent in ex-parte proceedings, granting secured recovery over hypothecated vehicles.

What did the court decide?

Order allowing recovery of Rs. 42,24,837.27 with interest and costs; declaring hypothecated vehicle as security; directing issuance of Recovery Certificate.

Bank of Baroda versus Kalamanda Krishna — Banking and Recovery | DRT (2026)

¶1

IN THE DEBTS RECOVERY TRIBUNAL-II AT HYDEMBAD DATED THIS THE 23RD DAY OF JUNE, 2026

¶2

PRESENT: SH. RAtvtESHWAR KOTHE, B.Com. L.LB. (Hons.), M.A. PRESiDING OFFICER

¶3

ORIGINAL APPLICATION No: 399 OF 2026

¶4

Bank of Baroda Boinpally Bra nch, Secunderabad, T.S., Represented by its Branch Manager & GPA Holder

¶5

......Applicant

¶6

Versus

¶7

Mr. Kalamanda Krishna S/o Mr. Kalamanda Venkataiah Age: 30 Years; Occ: Business; Rloi 24, TIT, Bollaram, Secunderabad, Telangana - 5OOOlO

¶8

And also resident of

¶9

lvlr. Kalamanda Krishna S/o Mr. Kalamanda Venkataiah H. No.6-45, Kothacolony, Veldanda Mandal, lulapalle, Ivlahabubnagar, Telangana - 509324

¶10

Defe nd a nt

¶11

Counsel for the Applica nt : lYs. D. Bala

¶12

Counsel for the Defendant : Ex-parte

¶13

:: ORDER ::

¶14

The Applicant Bank filed the present OA for the recovery a total sum of Rs. 42,24,837.27 ps as on 0A.02.2026 from the sole defendant with future interest @ 11.900/o p.a. with monthly rests from 0a.02,2O26 till the date of realization along with costs, and in defautt, sate of OA hypothecated vehicte0ry..9\f\

¶15

oA.NO.399/2026

¶16

Summons^{seTved on Sole Defendantand was set exparteon} 18.06.2026^{as called absent and no representation'}

¶17

The Applicant^{Bank examinedMs T Prathima' Chief Manager'} as AW-1 and^{marked 19 documents through him as Ex A lto} Ex. A. 19.

¶18

4'HeardLearnedCounselfortheAppllcant.Perusedthematerial Placed^{on record.}

¶19

The^point that^{arises for considerationis: -}

¶20

¶21

whether the^{Applicant Bank is entitled} for the claim^{made in the OA against} the^{Derendantand oA hYpothecated} vehicle?

¶22

As^{stated supra, the Defendant remainedex-parteThe} Evidence Affidavit^{coupledwith the recitalsin the documents} viz., Exs.A.1^{to A 19 marked on behalf of the ApplicantBank} clinches^{the claimof the Applicant Bank againstthe Defendant'} Hence, I^{hold that the Defendant is liableto pay the OA claim to} the Applicant^{Bank with future interestand costs'}

¶23

In the^{result, the present Original Application No'399/2026is} allowed^{as under: -}

¶24

The Sole^{Defendant is liable to pay to the} i) Applicant^{Bank a Rs 42'24'831'27 ps with} future interest^{@ 11'90o/o p a,simple from} l\ir'1 (h\

¶25

oA.NO.399/2025

¶26

the date of application till the date of realization;

¶27

ii) the OA claim is secured by way^of hypothecation of vehicle as described in^the schedule annexed to the OA and^the applicant bank is entitled to^{proceed against} the same to realise its debt;

¶28

iii) the applicant bank is also entitled to^proceed against the^person and^propertiesof defendant for realization of^{its dues;}

¶29

iv) the applicant bank is entitled^{for the costs.}

¶30

B. The Applicant Bank is directed^{to file Cost Memo within2 weeks} from the date of receipt of^{this Order.}

¶31

q Issue Recovery Certificate^accordingly.

¶32

Communicate a^{copy of this order to the parties concerned'} (Dictated to the steno, corrected,^{signedand pronounced by me in the open court on} this the 23'd Day^{of June, 2026).}

¶33

/MSos* (RAtvtESHWAR KOTHE) PRESIDING OFFICER

Bank of Baroda v. Kalamanda Krishna

Case brief

What is this about?

What did the court decide?

Bank of Baroda v. Kalamanda Krishna

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Issues for consideration

Parties & counsel

Coram

Case details

Similar cases

Yes Bank Limited versus Mr. Pithani Veera Raju

Hdfc Bank versus Yateesree Marketing

M/S. Kotak Mahindra Bank Ltd. versus Mr. Venkat Reddy Samala

The Yes Bank Limited versus Mr. M Kondal Reddy

M/s Union Bank of India versus M/s Manidhar Furniture Mall

Bank of Baroda versus Panuganti Balaraj