IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD
THE HONOURABLE JUSTICE MOUSHUMI BHATTACHARYA,THE HONOURABLE JUSTICE B.R.MADHUSUDHAN RAO
V. Ravi Kumar – Appellant
Versus
A.P.Mahesh Co-Operative Urban Bank Ltd – Respondent
THE HON’BLE JUSTICE MOUSHUMI BHATTACHARYA AND THE HON’BLE JUSTICE B.R.MADHUSUDHAN RAO WRIT PETITION No.22458 OF 2024 Sri Vedula Venkata Ramana, learned Senior Counsel representing M/s. Bharadwaj Associates, for the petitioner.
Sri Mettu Srinivas Reddy, the learned Standing Counsel appearing for the respondent-Bank.
ORDER: (Per Hon’ble. Justice Moushumi Bhattacharya)
The petitioner has challenged an order dated 10.05.2024 passed by the Debts Recovery Appellate Tribunal, at Kolkata (‘DRAT’) in Miscellaneous Appeal No.35 of 2023 filed by the respondent Bank from an order dated 05.07.2023 passed by the Debts Recovery Tribunal – II, at Hyderabad (‘DRT’) in I.A.No.885 of 2023 in S.A.No.425 of 2019.
2. The DRT passed the order dated 05.07.2023 in I.A.No.885 of 2023 in S.A.No.425 of 2019 filed by the petitioner for making payment of the outstanding amount mentioned in the Demand Notice dated 04.10.2016 minus the payments made by the petitioner after receipt of the Demand Notice at the rate of 6% interest from the date of the Demand Notice till realization of the amount mentioned thereof. By the impugned order dated 10.05.2024, which forms the subject matter in the present writ petition, the D
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