The Debts Recovery Tribunal, Hyderabad (DRT 2), has issued a Demand Notice under Sections 25 to 28 of the Recovery of Debts & Bankruptcy Act, 1993 and Rule 2 of the Second Schedule to the Income Tax Act, 1961, in RC/1015/2024 dated 03.08.2026. The matter concerns ICICI Bank Limited versus Obulreddy Balaram Reddy. An amount of ₹27,95,988 along with pendente lite and future interest at 11.90% simple interest per annum from 08.09.2023 until realization, plus costs of ₹58,630, has been stated as due. The respondent has been directed to pay the amount within 15 days of receipt of the notice and to declare particulars of assets on affidavit. The respondent is also directed to appear before the Recovery Officer on 18.09.2026 at 10:30 AM for further proceedings. Contact/Authority: Recovery Officer, Debts Recovery Tribunal, Hyderabad (DRT 2) Address: 1st Floor, Triveni Complex, Abids, Hyderabad – 500001 Location: Hyderabad, Telangana