The Debts Recovery Tribunal allowed the applicant bank's original application for recovery of a debt worth approximately Rs. 57 lakhs from the defendant.
Defendant to pay sum of Rs. 57,00,987.16 with future interest; OA claim secured by hypothecated vehicle; applicant bank entitled to proceed against person and properties for realization; entitlement f
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 2OTH DAY OF MARCH, 2026
PRESENT: SH. MMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
ORIGINAL APPLICATION No: 415 OF 2025
The Axis Bank Ltd., Having its Office at 5-4-183/184, 3.d Floor R P Road, Secunderabad - 500003. Rep. by its Authorized Signatory.
,....Applicant.
Versus
Mr. Keshapaga Anjaneyulu, S/o. Balaiah Aged about 39 Years, Occ: Business R/o. H.No.4-99, Sankireddypalle Mahaboobnagar District - 509381, ...Defendant
Counsel for the Applicant : Mr. M. Srinivas Reddy Defendant : Ex-parteEx-parte
: Ex-parteEx-parte
:: ORDER::
oA.NO.41sl202s
2
t
Whether the ApplicantBank is entitled for the claim madein the OA against the Defendant andOA hYPothecated vehicle?
3
oA.NO.415/2025
iii) the applicant bank is also entitled to proceed against the person and properties of defendants for realization of its dues;
iv) the applicant bank is entitled for the costs.
B' The Appricant Bank is directed to fire cost Memo within 2 weeks from the date of receipt of this Order.
i0. Communicate a copy of this order to the parties concerned. (Dictated to the steno, corrected, signed and pronounced by me in the open court on this the 20rh Day of March' 2026)
,,-, . .,,,-,_ -
(RAMESHWAR KOTHE) PRESIDING OFFICER
3 issues framed by the court
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendant and hypothecated vehicle?
Whether the Defendant is liable to pay the OA claim to the Applicant Bank with future interest and costs?
Whether the OA claim is secured by way of hypothecation of vehicle described in the schedule annexed to the OA?
1 provisions across 1 enactments
Axis Bank Ltd.
Sh. M.M. Kotheshwar Kotheshwar Kotheshwar Kotheshwar Kotheshwar Kotheshwar
Mmeswarkotheshwar Kotheshwar Kotheshwar Kotheshwar Kotheshwar Kotheshwar Kothesh
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
