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2026 Supreme(Online)(DRAT) 170

DEBT RECOVERY APPELLATE TRIBUNAL
Justice Anil Kumar Srivastava
STATE BANK OF INDIA – Appellant
Versus
MR KILLAMSETTY VENKATA PRASAD RAO – Respondent


฀N THE DEBTS RECOVERY APPELLATE TR฀BUNAL AT KOLKATA Appl. No. 103 of 2024 (Arising out of S.A. 165 of 2020 – DRT- ฀฀ Hyderabad)

฀HE HON’BLE JUS฀ICE SHRI ANIL KUMAR SRIVAS฀AVA, CHAIRPERSON

25.03.2026

1. The Authorised Officer, State Bank of ฀ndia, Stressed Asset Recovery Branch-2, H No.1-8-563/1, 1st floor, Chikkadpally, Hyderabad – 500020.

2. The Chief Manager, PBB, State Bank of ฀ndia, S.P.Road, Secunderabad, ... Appellants --Vs--

1. Mr. Killamsetty Venkata Prasad Rao, Resident of Plot No.95, H.No. 1-4-212/95, Green Park Enclave, Near Vijaya High School, Kapra, Hyderabad, Ranga Reddy Dist. 500062.

2. Sri Dasari Suni, residing at Plot No.2, H.No. 1-3-49/181, Janaki Nagar Colony, Old Alwal, Secundrabad – 500010.

... Respondents For Appellant : Ms. Debjani Ghosal , ld. adv.

For Respondent : Mr. G.K.Deshpande, ld. Adv. virtually Mr. Sreyash Basu Dasgupta, ld. Adv.

Mr. Rudra Jyoti Bhattacharjee, ld. Adv.

฀HE APPELLA฀E ฀RIBUNAL :

฀nstant appeal No. 103 of 2024 has arisen against the judgement and order dated 23.07.2024 passed by learned DRT-฀฀

Hyderabad allowing the S.A. 165 of 2020.

2. As per pleadings of the parties securitization application u/s 17 of the SARFAES฀ Act, 2002 (hereinafter referred

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