Debts Recovery Tribunal allowed an original application filed by a bank for recovery of Rs. 29 lakhs. The defendants remained in default, leading to an ex-parte order granting the claim with interest and a recovery certificate.
Defendants directed to pay Rs. 29,84,014.31 with 11.40% p.a. interest; recovery certificate issued to the applicant bank.
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 26th DAY OF FEBRUARY, 2026
PRESENT: SH. RAIYESHWAR KOTHE, B.Com, L.LB. (Hons.), M.A. PRESIDING OFFICER
ORIGINAL APPLICATION No: 57 OF 2025
TAI,IILNAD MERCANTILE BANK LIMITED, Door No.19-4- 121- 14D, STV Nagar, Air Bye Pass Road, Tirupati 517 501, Represented by its authorized person And power of attorney holder and Branch Head.
....Applicant.
Versus
... Defendants
Counsel for the Applicant : Mr. K. Raghavendra Rao Counset for the Defendants : Ex_pafte/Mj>*
oa.No.57 /2025
:: qLLLL ::
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants and OA moveable and i m movea b le asset/p roperty?
oA.NO.s7 /202s
(Dictated to the steno, corrected, signed andpronounced byme in the open court on this the 26th Day of February, 2025)
/frK*' (RAMESHWAR KOTHE) PRESIDING OFFICER
2 issues framed by the court
Whether the Applicant Bank is entitled to the claim made in the OA against the Defendants?
Whether the Defendants are liable to pay the OA claim with future interest?
Tai,ailnad Mercantile Bank Limited
T. Rajani
Tirumala Surendra Kumar Reddy
Raiyeswara Thevar
Kotheshwara Rao
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
