Allowed

Icici Bank Limited v. Sana Eggs Centre

DRT18 Feb 2026OA/654/2025

Case brief

AI extract

What is this about?

Debts Recovery Tribunal-II at Hyderabad allowed an Original Application filed by ICICI Bank Limited for the recovery of Rs. 23,61,105/- with future interest and costs from defendants, concluding they are jointly and severally liable based on the Applicant's evidence.

What did the court decide?

Dutants to pay Rs. 23,61,105/- with future interest and costs; Issuance of Recovery Certificate directed.

Icici Bank Limited versus Sana Eggs Centre — Contract and Commercial Disputes | DRT (2026)

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IN THE DEBTS RECOVERY TRIBUNAL-II AT HYDERABAD

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DATED THIS THE 18TH DAY OF FEBRUARY, 2026

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PRESENT: SH. RAMESHWAR KOTHE, B,Com., L.LA. (Hons.), M.A. PRESIDING OFFICER

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Original Application No: 654 OF 2025

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ICICI Ba nk Limited., Gachibowli, Hyderabad. Rep. by its Authorized Signatory.

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...Applicant

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Versus

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Sana Eggs Centre., Rep by its Prop. [4ohd Maqbool Sana Eggs Center, Plot No.87, Indira Nagar, Auto Nagar bagh Hayath Nagar Hyderabad - 500070.

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lvlohammed l4aqbool Abhyaudaya Nagar, Chlnta lkunta Hyderabad - 500078.

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.... , . Defendants

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Counsel for the Applicant : Mr. Anil Vydya

Defendants

:Ex-parte

:: ORDER ::

The Applicant Bank filed the present OA for the recovery of a sum of Rs.23,61,105/- from the defendants jointly and severally with future interest @ 2olo p.m. compounded monthly from 16.06.2025 till the date of realisation along with costs.

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Summons served on D1 and 2 through paper^publication. They were set ex-parte on 27 .10.2025 as called a bient and no representation. 1ffi"*

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OA.No.654/202s

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The Applicant Bank examined Kalva Raja Yashwanth, Legal Manager as AW-1 and marked 0B documents through him as Ex. A.1 to Ex. A.OB.

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

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The point that arises for consideration is:-

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

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As stated supra, the Defendants remained ex-parte. The Evidence Affidavit coupled with the recitals in the documents viz., Exs. A.1 to A.0B 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.

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In the result, the present Original Application No.654/2025 is allowed as under: -

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i) The Defendants are jointly and severally liable to pay to the Applicant Bank a sum of Rs.23,61,105/- with future interest @16.60% p.a. simple, from the date of application till the date of realization;

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ii) the applicant bank is also entitled to proceed against the person and properties of the defendant for A,

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realization of its dues;

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iii) the applicant bank is entitled for the costs.N,,*

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OA.No.654/2025

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

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Issue Recovery Certificate accordingly.

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Communicate a copy of this order to the parties concerned. (Dictated to the steno., transcribed by him, corrected, signed and pronounced by me in the open court on this the 18th day of Februa ry,2026l.

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,1') , z ^1wr.rqy_^o$ , z,__rgu)-"

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lnnrvisnwnR^KorHE) PRESIDING OFFICER

Icici Bank Limited v. Sana Eggs Centre

Case brief

What is this about?

What did the court decide?

Icici Bank Limited v. Sana Eggs Centre

Case brief

What is this about?

What did the court decide?

What the court decided

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