The Debts Recovery Tribunal allowed the Bank of Baroda's application for recovery against a defendant who appeared ex-parte, holding the defendant liable for the principal sum, future interest, and costs.
The defendant is directed to pay Rs. 30,92,303.66 with future interest at 11.65% p.a. from the date of application; 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 O6TH DAY OF ]ANUARY, 2026
PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A.
PRESIDING OFFICER
Original Application No: 785 OF 2025
Bank of Baroda., Nandyal Branch, Nandyal, Kurnool District. Rep. by its Authorised Officer. .....Applicant
Versus
Mr. Lanke Prasanna Kumar S/o. Sri. L. Sekhar, Aged 27 Years Male, Occ: Business, R/o. 3-64, Gonavaram
Panyam, Nandyal, Kurnool Dist, A.P.
...... Defendant
Counsel for the Applicant : Mr. Trivikram Chitturu
Defendants : Ex-Parte
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OA.No.785/2025
Whether the Applicant Bank is entiiled for the claim made in the OA against the Defendant?
B, The Applicant Bank is directed to file Cost Memo within 2 weeks from the date of receipt of this Order.,\r ,.:.! t'
OA.No.785/2025
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PRESIDING OFFICER
1 issue framed by the court
Whether the applicant bank is entitled for the claim made in the OA against the Defendant?
1 provisions across 1 enactments
Bank of Baroda, Nandyal Branch
Rameshwar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
