Credit grantee filed OA for recovery of loan. Defendants absent. Court found claim well-supported by evidence. Held defendants liable to pay loan, interest, and costs; OA allowed.
Defendants to pay Rs.4,57,54,948.91 with interest; entitled to proceed against mortgaged and defendant properties; costs to the applicant bank.
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 O3RD DAY OF FEBRUARY, 2026
PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB.(Hons.), lvl.A. PRESIDING OFFICER
ORIGINAL APPLICATION NO: 982 OF 2025
Pegasus Assets Reconstruction Private Ltd., Acting in Its Capacity of Trustee of Pegasus Group Thirty Nine Trust 1, Having Corporate Office at 55-56, 5thFloor, Free Press House, Nariman Point, Mumbai - 400021 and One of its Representative Offlce at Pegasus Assets Reconstruction Private Limited., Regus Business Centre at 1-10-39 to 44 Level - 4, GumidelliTowers Begumpet, Hyderabad - 500016. Rep. by its Authorized Signatory.
.....APPlicant.
Versus
...Defendants
Counsel for the Applicant : Mr. G' BhanuMurthy
Defendants : Ex-parte ,4*-t.r, t:,/
oA.NO.982/2025
:: ORDER ::
Whether the Applicant Bank is enti ed for the claim made in the OA against the Defendants and OA schedule property?
oA.NO.982/202s
,rArno_<..,rl'J {" \ : 2-''JJ ..n.. N' " (RAMESHWAR KOTHE) PRESIDING OFFICER
-rh^ ^A^li-^Ft rr-^t. :^ )t-^^t^A t^ ait^ t-^-._ ir^.^^ ...:!Lr:;-.) .r,;;t;i-,
1 issue framed by the court
Whether the applicant bank is entitled for the claim made in the OA against the Defendants and OA schedule property?
1 provisions across 1 enactments
Pegasus Assets Reconstruction Private Ltd. and Others
T. Sudhakar Goud and Others
Rameshwar Koth
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
