DRT allowed the bank's application for recovery of Rs. 45.76 lakhs plus interest and costs against the ex-parte defendant, holding the defendant liable and directing issuance of a recovery certificate.
Recovery of Rs. 45,76,458 with interest; entitlement to proceed against hypothecated vehicle and other properties; costs awarded; 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.
]N THE DEBTS RECOVERY TRIBUNAL.II AT HYDEMBAD DATED THIS THE O6TH DAY OF JANUARY, 2026
PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
ORIGINAL APPLICATION No: 791 OF 2025
Bank of Baroda., Nandyal Branch, Nandyal, Kurnool District. Rep. by its Authorized Signatory.
Versus
Mr. Lanke Prasanna Kumar S/o. Sri. L. Sekhar, Aged 27 Yearc Male, Occ: Business, R/o. 3-64, Gonavaram Panyam, Nandyal, Kurnool Dist, A.P.
... Defenda nt
Counsel for the Applicant
: f4/s.Trivikram Chitturu
Defendant
: Ex- parte
:: ORDER ::
oA.NO.791/2025
Whether the Applicant Bank is entitted for the claim made in the OA against the Defendant and OA hypothecated vehicle?
oA.NO.791l2025
',.'
(RAMESHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the applicant bank is entitled to claim the debt and proceed against the hypothecated vehicle and properties of the defendant?
Bank of Baroda, Nandyal Branch
Mr. Lanke Prasanna Kumar
Rameshwar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
