Allowed

State Bank of India v. Mr Dastagir Babu Buragala

DRT23 Apr 2026OA/45/2026

Case brief

AI extract

What is this about?

The Debts Recovery Tribunal allowed the applicant bank's claim for recovery of Rs. 20,54,125/- plus future interest and costs against the defendant in an ex-parte hearing. A recovery certificate and instruction to file a cost memo were issued.

What did the court decide?

The defendant is liable to pay a sum of Rs. 20,54,125/- with future interest. The applicant bank can proceed against the person and properties of the defendant for realization. Costs are awarded. Reco

State Bank of India versus Mr Dastagir Babu Buragala — Contract and Commercial Disputes | DRT (2026)

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IN THE DEBTS RECOVERY TRIBUNAL.II AT HYDERABAD DATED THIS THE 23RD DAY OF APRIL, 2026

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

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Original Application No: 45 OF 2026

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State Bank of India., Padmarao Nagar Branch, Postbag No.2 Secunderabad - 500023. Rep. by its Asst. Manager.

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.....Applicant

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Versus

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Mr. Dastagir Babu Buragala, Mr. B. Dastagir Aged about 39 Years, Male, Occ: Private Employee, Infosys Ltd., R/o. Plot No.251 Road No.8, Vardanapuri Colony, Beeramguda Ramachandrapuram, Sangareddy District Telangana - 502032.

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......Defendant

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Counsel for the Applicant :[4r. Ajgal Ravi Ba bu

Defendants

:Ex-parte

::^qLq_L& ::

The Applicant Bank filed the present OA for the recovery of a sum of Rs.20,54,L25/ - towards Xpress Credit Elite Loan A/c. No. 425547 LOL00 from the defendant with future interest @10.90o/o p.a. with monthly rests from the date of application till the date of realisation along with costs.

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Summon served on sole defendant through paper publication and was set ex-parte on 77.04.2026 as called absent and no representation.

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OA.No.4512025

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The Applicant Bank examined Vamshi Krishna, Legal Manager as AW-1 and marked 08 documents through him as Ex. A.1 to Ex. A.08.

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Heard the Ld. Counsel for the Applicant Bank and^perused the material placed on record.

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The^point that arises for consideration is:-

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Whether the Applicant Bank is entitled for the claim made in the OA against the Defendant?

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As stated supra, the Defendant remained ex-parte. The Evidence Affidavit coupled with the recitals in the documents viz., Exs. A.1 to A.08 marked on behalf of the Applicant Bank clinches the claim of the Applicant Bank against the Defendant. Hence, I hold that the Defendant is liable to pay the OA claim to the Applicant Bank with future interest and costs.

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In the result, the present Original Application No.45l2026 is allowed as under: -

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i) The Defendant is liable to pay to the Applicant Bank a sum of Rs.20,54,125l- towards Xpress Credit Elite Loan A/c. No. 42554710700 with future Interest @8.75olo p.a. simple, from the date of application till the date of realization;

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ii) the applicant bank is also entitled to proceed against the^person and^properties of the defendant for realization of its dues; ,ft**X

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OA.No.45/2025

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iii) the applicant bank is entitled for the costs.

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The Applicant Bank is directed to file Cost Memo within 2^weeks from the date of receipt of this Order.

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Issue Recovery Certificate accordingly.

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Communicate a copy of this order to the^{parties concerned.} {Dictated^{to the steno., transcribed by him,corrected,si8ned} and^prono-unced by me in the open court on thisthe 23'ddayofApril,2026).

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,+!It

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ESHWAR KOTHE) PRESIDING OFFICER

State Bank of India v. Mr Dastagir Babu Buragala

Case brief

What is this about?

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State Bank of India v. Mr Dastagir Babu Buragala

Case brief

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