The Debts Recovery Tribunal allowed an original application filed by Indian Bank for recovery of dues from two defendants, holding them jointly and severally liable to pay the claimed amount with interest and costs based on sworn evidence.
Defendants held jointly and severally liable to pay Rs. 28,40,811.76 with interest and costs; 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 11TH DAY OF MARCH, 2026
PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
Original Application No: 892 OF 2025
Indian Bank.,
20/978, Co-Operative Nagar, Near Nehuru Park, Kadapa, AP - 516001. Rep. by its Authorized Signatory.
...Applicant
Versus
...... Defendants
Counsel for the Applicant : Mr.Hemanth Kumar Vemuri
Defendants
: Exparte
:: ORDER ::
'
OA.No.892/2025
2
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants?
OA.No.892/2025
3
PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants?
Indian Bank.
M/s. Systems Steels. and Shaik Mohammed Attahar
Rameshwar Kothé
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
