The Debts Recovery Tribunal allowed the Original Application filed by State Bank of India for recovery of a debt amount of Rs. 23,51,701/- along with interest and costs against the Defendants who remained in default.
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 HYDEMBAD
DATED THIS THE O3RD DAY OF FEBRUARY, 2026
. PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB. (HONS,), M.A.
PRESIDING OFFICER
Original Application No: 741 OF 2025
State Bank of India., SMECC, Hyderabad, SBI Building Chapel Road, Gunfoundry, Abids Hyderabad - 500001. Rep. by its Authorized Signatory.
...Applicant
Versus
. ..... Defendants
Counsel for the Applica nt
: lYr. Y. Venkataramana
Defen da nts
:Ex-parte
:: ORDER ::
OA.No.74U2025
future interest @12.25o/o p.a. and penal interest @2o/o from the date of application till the date of realisation along with costs.
Whether the Applicant Bank is entitled fon the claim made in the OA against the Defendants?
OA.No.741l2025
3
iii) the applicant bank is entitled for the costs.
B. The Applicant Bank is directed to file Cost Memo within 2 weeks from the date of receipt of this Order.
10 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 03'd day of February, 2026).
PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants?
State Bank of India., SMECC, Hyderabad
M/s. Sigma Containers
Sri. Poreddy Madhukar Reddy
Sri. Vakiti Indra Reddy
Rameshwar Kothé
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
