HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD THE HON’BLE JUSTICE MOUSHUMI BHATTACHARYA THE HON’BLE JUSTICE GADI PRAVEEN KUMAR WRIT PETITION NO.5378 OF 2026 DATE: 23.02.2026 Between Manne Srinivas and Six Others … Petitioners And The State Bank of India and Two Others.

...Respondents Mr. Gopala Rao Amancharla V, learned counsel appearing for the petitioners. Mr. Podila Hari Prasad, learned counsel appearing for the respondent No.1.

ORDER: (Per Hon’ble Justice Moushumi Bhattacharya)

1. The Writ Petition has been filed against the impugned docket order dated 11.02.2026 in RAIR No.155 of 2026 in R.P.No.359 of 2020 in O.A.No.382 of 2019 concerning an Appeal filed by the petitioners for setting aside the order passed by the Recovery Officer-I, Debts Recovery Tribunal–I at Hyderabad (“DRT-I”) on 06.01.2026 in R.P.No.359 of 2020 in O.A.No.382 of

2019.

2. DRT-I referred to section 30A of The Recovery of Debts and Bankruptcy Act, 1993 and directed the petitioners to pay 50% of the amount covered by the Recovery Certificate for entertaining the Appeal.

3. Learned counsel appearing for the petitioners submits that the recovery amount of Rs.1,96,66,574/- as stated by DRT-I in its order dated 06.01.2026 is erroneous since the petitioners had prayed for correction of the Recovery Certificate in view of a cumulative payment of approximately Rs.76,00,000/- made by them on various dates in April, June 2019 and July 2020. The Recovery Certificate is dated 11.03.2020. Learned counsel appearing for the respondent No.1 disputes the said amount.

4. We find substance in the contentions advanced on behalf of the petitioners since Rs.1,44,72,298.22/- is reflected as the closing balance in the account computed by the respondent No.1-Bank as on 27.02.2020.

5. The petitioners are represented.

6. Considering the fact that the petitioners had made a payment of approximately Rs.76,00,000/- prior to the issuance of the Recovery Certificate and that their prayer for correction of the amount reflected in the Recovery Certificate has not been considered till date, we deem it a fit case for interference with the impugned docket order passed by DRT-I.

7. Accordingly, the petitioners shall pay 50% of Rs.1,44,72,298.22/- in compliance with section 30A of the 1993 Act which requires deposit of 50% of the amount of debt due before an Appeal can be entertained by Debts Recovery Appellate Tribunal. The said amount shall be deposited by

04:30 P.M. tomorrow, i.e., by 24.02.2026.

8. W.P. No.5378 of 2026, along with all connected applications, is accordingly disposed of in terms of the above.

There shall be no order as to costs.

_________________________________ MOUSHUMI BHATTACHARYA, J ____________________________ GADI PRAVEEN KUMAR, J Date: 23.02.2026 THE HON’BLE JUSTICE MOUSHUMI BHATTACHARYA THE HON’BLE JUSTICE GADI PRAVEEN KUMAR WRIT PETITION NO.5378 OF 2026 DATE: 23.02.2026