Debts Recovery Tribunal allowed the applicant bank's original application directing the respondent to pay outstanding debt with future interest and costs.
Respondent directed to pay Rs.21,79,910/- with future interest @ 11.55% p.a., proceed against his properties for realization, and applicant awarded costs.
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-I AT HYDERABAD
DATED THrS THE 13rH DAy OF MARCH, 2026
PRESENT: SRI GUMMADI GOPICHAND, PRESIDING oFFICER OA.No.8O ol2O26
Between:
State Bank of India, Old MLA Quarters Branch, Hyderguda, Himayatnagar, Hyderabad, TS - 29. Represented by its Asst Manager
Applicant
VERSUS
Seliveri Suresh Babu, s/o Seliveri Laxmaiah, aged about 53 years, occ: Sr Line Inspector, TSSPDCL, Emp No. 1045133, R/o H.No.18-392/7/A,
Bhagiratha colony, Parigi road, Farooqnagar, Shadnagar, Ranga Reddy, TS - 509 216.
Also at
R/o flat no.404, Sri Sai Chitra Nilayam, Renuka Yellamma colony, Near Renuka Yellamma colony park, Bachupally, Hyderabad - 500 118
O/o Asst Engineer (Operations) TS Southern Power Distribution Company Limited, lst floor, Near Rythu Bazar, KPHB colony, 3'd phase, Kukatpally, Hyderabad - 500 072.
Defendant
, -."' :
Cou nsel For the For the qerenoatt3 fr/l} M6
Sri Ajgal Ravi Babu Exparte
(oA.No.80/2026)
| Reservedon | : 10.03.2026 |
|---|---|
| Pronouncedon | : 13.03.2026 |
| Uploadedin websiteon | : 13.03.2026 |
ORDER
(oA.No.80/2025)
The Defendant is liable to pay to the Applicant Bank a total sum of Rs.2t,79,9LOl- (Rupees Twenty One Lakhs Seventy Nine Thousand Nine Hundred and Ten only) with further interest @ 11.55o/o p.a from date of filing of OA till the date of realization.
.Y/, ' 3 ^-ai/l
(oA.No.80/2026)
t2. Issue Recovery certificate accordingly.
13. Communicate a copy of the order to theparties concerned.
(Dictated to the P.A., transcribed by her, corrected, signed andpronounced by me in the open court on this the 13th day of March, 2026)
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(G. GOPTCHAND)
PRESIDING OFFICER
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2 issues framed by the court
Whether the Applicant Bank is entitled to the claim made in the Original Application against the Defendant?
Whether the Applicant Bank is entitled to proceed against the person and properties of the defendant for realization of the debt?
State Bank of India, Old MLA Quarters Branch, Hyderguda, Himayatnagar, Hyderabad
Seliveri Suresh Babu
G. GOPTCHAND
As recorded by the court registry
2 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
