Allowed

State Bank of India v. Smt. Vasundhara Bhuyya

DRT19 Feb 2026OA/551/2025

Case brief

AI extract

What is this about?

In this Debt Recovery Tribunal petition, the applicant bank sought recovery of dues from the defendant based on a personal loan agreement. The defendant was set aside. The Court heard evidence and documents submitted by the bank's witness. Finding that the claim was substantiated, the Tribunal allowed the application and issued a recovery certificate.

What did the court decide?

The OA is allowed with costs. Defendant to pay Rs. 21,04,976/- plus interest at 11.6% p.a. Recovery certificate issued. Proceedings against properties authorized.

State Bank of India versus Smt. Vasundhara Bhuyya — Banking and Recovery | DRT (2026)

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IN THE DEBTS RECOVERYTRIBUNAL-I AT HYDERABAD DATED THIS THE 19TH DAY OF FEBRUARY,2026

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PRESENT: SRI GUMMADI GOPICHAND, PRESIDING oFFICER

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OA.No.551 ot 2O2S

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Between:

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State Bank of India, MC Tank Bund Branch, GHMC Head office complex, Near old liberty talkies, Hyderabad, Telangana - 27. Represented by its Asst Manager

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Applicant

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VERSUS

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Smt Vasundhara Bhuyya, d/o Ramanadam, C/o Ande Ravi k_umar, aged 56 years, female, Occ: . Principat (FAC) lrmp.tO:SSOiOOll, Gurukalam - TGTWURIC (G), R/o H. No,8-43-I5/ tl A, plot^-no.89, Srinivasa colony, Boduppal, Hyderabad, TS - 500 039.

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Also at:

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R/o H.No.11- t3O/3, parvathi nagar, Saroornagar, Hyderabad -35. Aadhaar No.4630 6t7t 1366

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Office of The^principal, Gurukulam - TGTWURJC (G) TG Tribal welfare urban residential".=T TS Junior college - 502 110. (G), Medak d is[; is[;. - 1 f -i.r-ffi

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Defendant

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(oA.No.s51/202s)

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Counselfor theparties:
FortheApplicant FortheDefendant	SriAjgalRaviBabu Exparte
Reservedon	t8.02.2026
Pronouncedon	L9.02.2026
Uploadedin websiteon	20.02.2026

¶15

ORDER

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1' The Appricant Bank fired the present oA against Defendant for recovery of a totar sum of Rs.2r,o4,g76l- (Rupees Twenty one rakhs Four Thousand Nine Hundred and Seventy Six only) with further interest @ 11.600lo p.a with monthly rests from 1S.10.2025 till the date of realization.

¶17

As per the averments in the application, the Applicant Bank states that defendant avaired personar roan under Xpress credit scheme with a Iimit of Rs.25.00 lakhs on tt.OB.2O22 and agreed to repay in 72 equated monthly installments of Rs.4g,35g /_p.m. The defendant executed arrangement retter and personar loan agreement etc in favour of Applicant bank. After availing the loan facilities, the defendants failed to comply the terms of sanction, hence the applicant oank classlf.leg S- account as NpA on 10.72.2024 and tegat notice Inspite of several requests and demands,

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(oA.No.ss{202s)

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Defendant called absent and set exparte on 1g.02.2025.

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4' Sri r' saiteja, Dy' Manager of the Appricant Bank examined himserf as AW'1 and exhibited rerevant documents, which are marked as Ex.A.1 to A.9.

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Heard the Ld. Counsel for the Applicant Bank.

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The point that arise for consideration is whether the Applicant Bank is

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entitled for the claim made in the OA against the Defendant as prayed

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for?

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7 ' Defendant was set exparte. To substantiate the case of the Appricant Bank, AW.1, officiar of the Appricant Bank was examined and he exhibited relevant documents as Ex.A1 to A.9. In view of the above, I hord that the Appricant Bank has estabrished their craim made in the oA against the Defendant and hence the Appricant Bank is entitred to recover the claim made in the OA with future interest and costs.

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In the result, the present OA is allowed with costs, as under: The Defendant is liable to pay to the Applicant Bank a total sum of Rs.21,O4,976l- (Rupees Twenty One lakhs Four Thousand Nine Hundred and leventy Six only) with further interest @ 11.600lo p.a

¶27

date or reatization. ,,ffi\q"

7 ]Y 1g FrB ?Ifi *

(OA.No.55t lZ02Sl

-r

9' The Applicant Bank is atso entitled to proceed against the person and properties of defendant towards realization of the debt due.

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The Appricant Bank is entiiled to the costs of the oA.

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11' The Appticant shall file a cost memo within two weeks from the date of receipt of order.

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L2. Issue Recovery certificate accordingly.

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communicate a copy of the order to the parties concerned.

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(Dictated to the P'A', t.ansiribed by her, corrected, signed and pronounced by me in the open court on this the 19th day of Feb,2026)

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(G. GOPTCHAND)

PRESIDING OFFICER

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¶41

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¶42

State Bank of India v. Smt. Vasundhara Bhuyya

Case brief

What is this about?

What did the court decide?

State Bank of India v. Smt. Vasundhara Bhuyya

Case brief

What is this about?

What did the court decide?

What the court decided

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