The DRT allowed the bank's application for recovery of a term loan default. Writ of ex-parte hearing confirmed the sum of Rs.33,08,759/- with future interest and rights to enforce hypothecation.
Defendant directed to pay Rs.33,08,759/- with future interest; OA claim secured by hypothecated vehicle; Recovery Certificate to be 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 RECOVERYTRIBUNAL-II AT HYDEMBAD DATED THIS THE26TH DAY OF MARCH,2026
PRESENT: SH. RAMESHWARKOTHE,B.COM', L.LB. (HONS.),M'A' PRESIDING OFFICER
ORIGINAL APPLICATIONNo: 86 OF 2026
M/s. Bank ofBaroda., ShamshabadBranch, HYderabad. Rep. by its AuthorizedSignatorY.
.....Applicant.
Versus
Sri. Ravi Amgoth,S/o. Sri AmgothHareya Aged 41 Years,Occ: Business R/o. H.No.2-86,HanmayaNayakThanda- Maddur, RangaReddy,Telangana-509217'
... Defendant
: Mr. M. Srinivas Counsel forthe APP|icant
Defendant : Ex-parte
:: [f,LL B- ::
and marked13 documenrr
ffiss
oA.NO.86/2025
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendant and OA hypothecated vehicle?
i) The Defendant is liable to pay to the Applicant Bank a sum of Rs.33,0g,759l_ towards Term Loan A/c. No.
80740600007462 with future interest @L2.40o/o p.a. simple from the date of application till the date of realization;
ii) the OA claim is secured by way of hypothecation of vehicle described in the schedule annexed to the OA and the applicant bank is entitled to proceed aqainst the same ro reatise its defi;/%\t\
oA.NO.86/2026
SHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the applicant bank is entitled to the claim made in the original application against the defendant and the hypothecated vehicle?
M/s. Bank of Baroda, Shamshabad Branch, Hyderabad
Sri. Ravi Amgoth
Rameshwar Kothé
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
