The DRT allowed the Bank's OA for recovery of Rs. 21,81,068.00 plus interest against a defendant who failed to repay a personal loan, as the defendant remained in absentia.
Recovery of Rs. 21,81,068.00 with future interest at 11.80% p.a., costs, and issuance of Recovery Certificate.
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 - I AT HYDERABAD DATED THIS THE Ogth DAY OF FEBRUARY, 2026 PRESENT: sRl cuMMADt coptcHAND, pREStDtNG oFFtcER
OA. No. 604 OF 2025
Between :
State Bank of lndia, Parishrama Bhavan Branch, Basheerabagh, Hyderabad. Represented by its Chief Manager
Applicant
VERSUS
Mr. Shaik Noor Ahamed, S/o. Shaik lbrahim Khalilullah, Aged 44 years, Emp ld. 10354755 Occ: Senior Application Architect, O/o. IBM lndia Pvt. Ltd, Divyashree Raidurgam,
Hyderabad - 500 032.
Also at -
R/o. Flat No. D1, First Floor, High Point apartment, 4th Croos, Venkataswamy Layout, 2nd stage, HBR Layout,
Defendant
(oA. No. 504/202s)
Counsel for the parties :
For The Applicant K. Narayana Rao For the Defendant Exparte Reserved on 02.02.2026 Pronounced on 09.02.2026 Upload in website on 09.02.2026
ORDER
- As per the averments in the applicailon, the Applicant Bank states that Defendant avaired personar Loan under Xpress Credit Limit of Rs.25,00,000/- repayable in T2equated monthly installments of Rs.48,6'16/- with interest and executed personal Loan Agreement dated 16.0g.2023 in favor of the Applicant Bank. After availing the loan facility, the defendant failed to tglY,Jhetermsof..,s-anction, hence the applicant bank classified \t : ,::, rrl accognt 1... as NPA : ion l 14.0g.2025 and issued Legal Notice ]
ug r:! iilii
,] '}
':-
' :;7
(oA. No. 504/2025)
dated 13.10.2025 to the defendant. lnspite of several requests and demands, the defendant did not clear the outstanding. Hence this OA.
- Sri. M. Arjun, Chief Manager of the Applicant Bank examined himself as AW.1 and exhibited relevant documents, which are marked as Ex.A.1 to 4.6.
zur :
.$
(oA. No. 604/2o2sl
The Defendant is liable to pay to the Applicant Bank a total sum of Rs.21,81,0G8.00ps. (Rupees Twenty one Lakhs Eighty One Thousand Sixty Eight Only) with future interest @11.gOo/o p.a from the date of filing of OA tilt the date of realization.
(Dictated to the P'A., transcribed by her, corrected, signed and pronounced by me in the open court on this the 09th day ot Feb,2026)
sd/-
(c. coPtcHAND)
PRESIDING OFFICER
1 issue framed by the court
Whether the applicant bank is entitled to recover the claim made in the OA against the defendant?
2 provisions across 2 enactments
State Bank of India, Parishrama Bhavan Branch
Sri. Cum madh Coptchand, Presiding Officer
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
