Debts Recovery Tribunal I, Hyderabad allowed an application by State Bank of India for a personal loan of Rs. 24,70,328 with future interest and costs against defendant Ms. Kanaka Maha Lakshmi who failed to comply with loan terms.
Defendant to pay Rs. 24,70,328 with future interest and costs; recovery certificate issued.
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IN THE DEBTS RECOVERY TRIBUNAL - I AT HYDERABAD DATED THIS THE O3'd DAY OF FEBRUARY,2026
PRESENT: SRI GUMMADI GOPICHAND, PRESIDING OFFICER
OA. No. 470 OF 2025
Between :
State Bank of lndia, Parishrama Bhavan Branch, Basheerbagh, Hyderabad Represented by its Chief Manager
Applicant
VERSUS
Ms. B. Kanaka Maha Lakshmi, D/o. B. Parthasarathi, Aged 46 years, Occ. Senior Analyst, Emp. ld. 10721887,
O/o. Wells Fargo lnternational Solutions Private Limited, NSL Orion Towers, Tower No. 4, Raidurgam, Hyderabad - 500 032.
Also at -
R/o. Flat No. 504, Block No. 23, Raintree Park, KPHB Colony, Tirumalagiri, JNTU Kukatpally, Hyderabad - 500 085 Defendant 03rfinn * ,l &N@
(OA. No. 470l202s)
Counsel for the parties :
For The Applicant K. Narayana Narayana Rao For the Defendant Lalith Jogi Reserved on 28.01.2026 Pronounced on 03.02.2026 Upload in website on 03.02.2026
K. Narayana Narayana Rao
ORDER
(i) Rs.21 ,58,268.00 Ps. in respect of Personal Loan account with subsequent interest al @11.30o/o p.a with monthly rests from the date of this application till the date of reatization.
(ii) Rs.3,02,060.00 Ps. in respect of Personal Loan account with subsequent igerest at @11.90%p.a with monthly rests from the on tillthe date of realization.
3 FtB trvs
(oA. No. 470l202s)
(oA. No. a70l202s)
The Defendant is liable to pay to the Applicant Bank a total sum of Rs.24,70,328.00 Ps. (Rupees Twenty Four Lakhs Seventy Thousand Three Hundred and Twenty Eight Only) i.e a sum of-
(i) Rs.21,68,268.00 Ps. in respect of Personal Loan accountwith git.ZOW p.a from the date of this of realization.
4
(oA. No. 47012025)
(ii) Rs.3,02,060.00 Ps. in respect of Personal Loan account with subsequent interest at @11.90% p.a from the date of this application till the date of realization.
(Dictated to the P.A., transcribed by her, corrected, signed and pronounced by me in the open court on this the 03'd day of Feb, 2026)
sd/-
(G. GOPTCHAND)
PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled to recover the principal amount and interest from the Defendant?
State Bank of India
Ms. B. Kanaka Maha Lakshmi
Sri Gummadi Gopichand
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
