The tribunal allowed the applicant bank's original application for recovery of a specific sum plus future interest and costs against the absent defendant, directing the issuance of a recovery certificate.
Defendant liable to pay Rs.24,92,149/- with future interest, costs, and a recovery certificate to be 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 DEBTSRECOVERY TRIBUNAL-II AT HYDEMBAD DATED THIS THE11rH DAY OF SEPTEMBER, 2026
PRESENT: SH. MMESHWARKOTHE,B.Com., L.LB. (Hons.), M A' PRESIDING OFFICER
Original ApplicationNo: 569 OF 2026
ICICI Bank Limited., Gachibowli, ICICITowers, Serllingampally Mandal, Ranga ReddyDistrict. Rep. by its Authorised Signatory.
"Applicant
Versus
Thurpu Srinivasulu, S/o.T Krishnappa Aged about 36 Years, Occ:Private Employee R/o. S O T Krishnappa, 30-85,Kotha Indlu Punganur, Chitoor - 517247,Andhra Pradesh.
Also at:-
Thurpu Srinivasulu, S/o.T Krishnappa Aged about 36 Years, Occ:Private Employee O/o. Cientra Tech SolutionsPvt Ltd', 3d Floor, 2nd Phase.MFARSilverLine TechPark Plot No. 180, EPIP Zone, WhiteField Bengaluru 560066' Karnatak
.....Defendant
Counsel for the Applicant :Mr. G. Adrian Kiran Raj Defendants : Ex-Parte
:: qLLLL ::
OA.No.569/2026
Whether the Applicant Bank is enti ed for the claim made in the OA against the Defendant?
OA.No.559/2026
3
Z)WV<^arnl /1 ./Drr."^ (BAfi ESHWAR KorHE) PRESIDING OFFICER
oA.NO.569/2026.
03.09.20 26. 14s. D Prasanna representlngGAKR counselfor applicant present. PP filed for sole defendant, called absent,no representation and set exparte.A1 to 7 alreadymarked and reported nofurther AE. For exparte arguments,call on 7t.09.2026. Awul P.o.
t1.09.2026 Ms. D PrasannarepresentingGAKRcounsel for applicant submitted expartearguments. Orders will be passed during couTse l r'
PO.
t7.o9.2026 Orders Pronounced, vide separatesheets. In the result OA.No.569/2026is allowedwith costs. Issue Recovery Certificate accordingly. QW*
1 issue framed by the court
Whether the applicant bank is entitled for the claim made in the originall application against the defendant?
ICICI Bank Limited
Thurpu Srinivasulu
M. Meswara Kumar
Sh. Mameshwar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
