The Debts Recovery Tribunal adjudicated on an application filed by a bank for recovery of dues. The defendant appeared via ex-parte hearing. The tribunal held the defendant liable to pay the claimed amount, interest, and costs, and issued a recovery certificate.
Defendant liable to pay Rs.22,95,601 with future interest and costs; 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 11TH DAY OF SEPTEMBER, 2026
PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
Original Application No: 571 OF 2026
ICICI Bank Limited., Gachibowli, ICICI Towers, Serilingampally l,landal, Ranga Reddy District. Rep. by its Authorised Signatory.
... ..Applica nt
Versus
Kunapareddy Ajay Reddy, S/o. K Harinath Babu, Aged about 43 Years, Occ: Private Employee, R/o. Flat No. 107, Turquoise Block, My Home lewel, Near Meru International School, Madinaguda, Miyapur, Hyderabad Telangana - 500049.
Also at:-
Kunapareddy Ajay Reddy, S/o. K Harinath Babu, Aged about 43 Years, Occ: Private Employee, O/o. Capgemini Technology Services India Ltd., Sy No. 107/p, Kokapet Village Gar Infobin, Hyderabad-500075, RR Dist Tela nga na.
Also at:Kunapareddy Ajay Reddy, S/o. K Harinath Babu, Aged about 43 Years, Occ: Private Employee, R/o. 22/36, Collector Road, Bandar Town, Ward 22, Machilipatnam, Krishna District - 521001, AP.
......Defendant
Counsel for the Applicant
: Mr. G. Adrian Kiran Raj
Defendants
:Ex_ea,{czq/\u.,!e
OA.No.s7t12026
2
:: qLLL& ::
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendant?
OA.No.57U2026
3
/q:'".s* ((a.}IEsHWAR KOTHE) PRESIDING OFFICER
| oA.No.571l26 | ||
|---|---|---|
| f!.09.2026 | Ms.DPrasannarepresentingGAKRcou submitted expartearguments.Orders duringcourse. |
nselforapplicant willbepassed ztAu- L('0.o. |
| 11.09.202 | 6OrdersPronounced, vide separate sheets. | |
| IntheresultOA.No.571l2026isallowed RecoveryCertificateaccordingly. |
withcosts. lssue /K*u |
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendant?
ICICI Bank Limited.
Rameshwar Kothé
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
