Allowed

Bank of Baroda v. Crr Infra Private Limited.

DRT9 Sept 2026OA/605/2026

Case brief

AI extract

What is this about?

Debts Recovery Tribunal allowed an original application filed by Bank of Baroda for recovery of dues totaling Rs. 3.86 crore along with future interest and costs. The Tribunal held that joint and several defendants were liable and directed the issuance of a Recovery Certificate against the defendants and their hypothecated vehicles.

What did the court decide?

Recovery Certificate issued; Defendants directed to pay Rs. 3.86 crore with future interest and costs.

Bank of Baroda versus Crr Infra Private Limited. — Banking and Recovery | DRT (2026)

¶1

IN THE DEBTS RECOVERY TRIBUNAL-II AT HYDERABAD

¶2

DATED THIS THE O9.rH DAY OF SEPTEMBER, 2026

¶3

PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESID]NG OFFICER

¶4

ORIGINAL APPLICATION No: 605 OF 2026

¶5

Bank of Baroda., Kompally Branch, Hyderabad, Sy.No.90 DSR Complex, Near Dhola Ri Dhani Kompally, Hyderabad - 500100. Rep. by its Authorized Signatory.

¶6

.....Applicant.

¶7

Versus

¶8

CRR infra Private Limited., Having its Registered Address at 3-LL-L4/2/5O7, Sai Nivas Enclave Gokhale Nagar, Hydera bad - 500013.

¶9

Sri Challa Raghupathi Reddy, S/o. Challa Malla Reddy, R/o.3-LL-74121501, Sai Nivas Enclave, Gokhale Nagar, Hyderabad-500013.

¶10

Smt. Anitha Challa, W/o. Sri Challa Raghupathi Reddy. R/o. 3-11-14/2/50L, Sai Nivas Enclave, Gokhale Nagar, Hyderabad-500013. ...Defendants

¶11

: Mr. M. Kishore Counsel for the Applicant

Defendants

: Ex-parte

:: :: ll!..[f(

The Applicant Bank filed the present OA for the recovery a total sum of Rs.3,86,33,754/ - i.e., (Rs.96,58,505/- towards Loan A/c. No.46230600002396, Rs.96,58,417l- towards Loan A/c. No.46230600002397, Rs.96,58.416/- towards Loan Alc. No.46230600002398 & Rs.96,58,416/- towards Loan A/c. No.46230600002399 from thelefendants jointly and severally //)t>a*

(_r, (d''

oA.NO.605/2026

with future interest @10.40% p.a. with monthly rests from the date of application till the date of realization along with costs and in default for sale of hypothecated vehicles.

¶20

Summons served on D1 to 3 through paper publication. They were set ex-parte on 03.09.2026 as called absent and no representation.

¶21

The Applicant Bank examined Harinath Gandla, Legal Manager, as AW-1 and marked 15 documents through him as Ex. A.1 to Ex. A.15.

¶22

Heard the Ld. Counsel for the Applicant Bank.^perused the material placed on record.

¶23

The point that arises for consideration is:-

¶24

Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants and OA hypothecated vehicles?

¶25

As stated supra, the Defendants remained ex-parte. The Evidence Affidavit coupled with the recitals in the documents viz., Exs. A.1 to A.15 marked on behalf of the Applicant Bank clinches the claim of the Applicant Bank against the Defendants. Hence, I hold that the Defendants are jointly and severally liable to pay the OA claim to the Applicant Bank with future interest and costs.

¶26

In the result, the present Original Application No.605/2026 is allowed as under: -

¶27

i) The Defendants are jointly and severally riabre to PaY "frW"Iii Bank a totar

¶28

¶29

oA.NO.605/2026

¶30

sum of Rs.3,86,33,754l- i.€., (Rs.96,58,505/- towards Loan A/c. No. 46230600002396, Rs.96,58,4L7/- towards Loan Alc. No. 46230600002397, Rs.96,58,416l- towards Loan A/c. No. 46230600002398 & Rs.96,58,416l- towards Loan A/c. No. 46230600002399; with future interest @10.40olo p.a. simple from the date of application till the date of realization;

¶31

ii) the OA claim is secured by way of hypothecation of vehicles described in the schedule annexed to the OA and the applicant bank is entitled to proceed against the same to realise its debt;

¶32

iii) the applicant bank is also entifled to proceed against the person and properties of defendants for realization of its dues;

¶33

iv) the applicant bank is entiUed for the costs.

¶34

B. The Applicant Bank is directed to file Cost Memo within 2 weeks from the date of receipt of this Order.

¶35

Issue Recovery Certificate accordingly.

¶36

Communicate a copy of this order to the parties concerned. (Dictated to the steno, corrected, signed and pronounced by me in the open court on thistheogth Dayof September,2026).

¶37

lXlt*r^ S , ' .-a0r" SHWAR KoTHE) PRESIDING OFFICER

¶38

oA.No.605/2026

¶39

09.09.20 26 Orders Pronounced, vide separate sheets.

¶40

In the result OA.No.605/2026 is allowed with costs. Issue Recovery Certificate according ly. (2w*"a

¶41

P.O.

Bank of Baroda v. Crr Infra Private Limited.

Case brief

What is this about?

What did the court decide?

Bank of Baroda v. Crr Infra Private Limited.

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Issues for consideration

Parties & counsel

Coram

Case details

Similar cases

Yes Bank Limited. versus Mr. Yelamandhala Ramesh

Union Bank of India versus M/s. Mdh Motors Pvt. Ltd.

Hdfc Bank versus Rahul

Karnataka Bank Limited versus M/s Sri Dharani Polymers

Indian Bank versus Venkateswarlu

Icici Bank Limited versus debeshranjan