Debts Recovery Tribunal allowed the bank's recovery claim ex-parte due to respondent default, ordering joint liability payment, enforcement of hypothecated assets, and issuance of a recovery certificate.
Respondents to pay Rs. 20,29,614.92 with interest; bank entitled to realize dues from hypothecated assets and respondent 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 1ST DAY OF JULY, 2026
PRESENT: SH. RAMESHWAR KOTHE, B.Com. L.LB.(Hons.), M.A. PRESIDING OFFICER
ORIGINAL APPLICATION No: 490 OF 2026
Union Bank of India S.P. Road Branch, Secunderabad H. No. 10-3-150/151, Ground Floor, Malani Excel, Behind St. Johns Church, Near Ratnadeep Super Market, East Maredpally, Secunderabad - 500 026 Rep by its Authorised Officer
......Applicant
Versus
H. No. 1-7-1046/38, 1st Floor, SRT 38, Street No. 5, Opp: Horeb Church, Ramnagar, Azamabad, Opp: SRT Community Hall, Ramnagar, Secunderabad - 500 020, T.S.
....Defendants
: Mr. V. Sethu Madhava Rao Counsel for the Applicant Defendants , e*-oun 1fu.*
oA.NO.490/2026
:: ORDER::
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants and OA hypothecated ASSCTS?
\
oA.NO.490/2026
i) The Defendants 1 & 2 are jointly and severally liable to pay to the Applicant Bank a sum Rs. 20,29,6L4.92 ps with future interest @ 10.50o/o p.a. simple from the date of application till the date of realization;
ii) the OA claim is secured by way of hypothecation of assets, as described in the schedules annexed to the OA and applicant bank is entitled to proceed against the same for realisation of dues;
7fu.*.s>\ fneMr6HrDXi xorHr) 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 hypothecated assets.
Union Bank of India
M/s. Fruitbros
Anil Kumar Rasamalla Abraham
Rameshwar Kothé
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
