The Debt Recovery Tribunal allowed the bank's original application for recovery, holding defendants jointly and severally liable for dues with interest and costs based on ex-parte proceedings and marked evidence.
Defendants ordered to pay Rs.1,19,63,353.94 with interest; claim secured by mortgaged properties; recovery certificate issued.
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 28TH DAY OF JULY, 2026
PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A.
PRESiDING OFFICER
ORIGINAL APPLICATION Noi 447 OF 2026
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
... Defendants
Counsel for the Applicant : Mr. R. Rajendra Prasad
Defendants : Ex-parte
Ow"
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oA.NO.447l2026
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Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants and OA schedule properties?
N"*
I
0A.NO.44712026
(RAMESHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled to the claim made in the Original Application against the Defendants and OA schedule properties?
ICICI Bank Limited
M/s. SVS Constructions Private Limited
Smt. Ramya Reddy Godala
Sri Abhilash Reddy Godala
M/s. SVS Promoters and Developers
Rameshwar Kotha
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
