🏛️ Demand Notice — Debts Recovery Tribunal (DRT-I, Hyderabad) ⚖️ Notice Under Form No. 14 This notice is issued by the Recovery Officer of Debts Recovery Tribunal-I, Hyderabad, under the Recovery of Debts & Bankruptcy Act, 1993, and the Income Tax Act, 1961, to recover outstanding dues from the debtor. --- 📌 Debtor and Case Details To: Beebu Bricks, Proprietary Concern of Banoth Beebu, represented by sole proprietor Sarikonda Beebu Issuing Office: Recovery Officer - I/I, DRT-I, Hyderabad Date of Notice: 09-12-2025 Case Reference: RC/670/2025 --- 💰 Debt and Payment Details Creditor: Central Bank of India Principal Debt: ₹49,27,786/- (Rupees Forty-Nine Lakhs Twenty-Seven Thousand Seven Hundred Eighty-Six only) Interest: Pendente lite and future interest at 12% per annum (Simple Interest) until full realization Additional Costs: ₹59,555/- towards warrants, service charges, and other expenses --- 📑 Orders and Directives 1. Payment Demand: Debtor must pay the total amount due within 15 days of receiving this notice. 2. Declaration of Assets: Debtor must submit an affidavit declaring all assets before the next hearing. 3. Next Hearing Date: Debtor to appear on 06/01/2026 at 10:30 AM for further proceedings. 4. Liability: Debtor is liable to pay: Interest from the date of notice until full payment All costs, charges, and expenses incurred for the notice and warrants --- ✅ Key Points ✔ Legal recovery notice issued under DRT authority ✔ Clear payment deadline and interest liability ✔ Mandatory appearance and asset declaration ✔ Recovery includes principal, interest, and service costs