Mr K Srinivasa Setty v. Karnataka Gramin Bank
Case brief
What is this about?
The Appellant failed to produce the order of the Hon’ble High Court as directed in a conditional order dated 26.05.2026. The Tribunal held that non-compliance justified dismissal of the waiver application (IA 1536/2025) and consequently the rejection of the appeal. Costs were awarded in favour of respondents.
What did the court decide?
The waiver application was dismissed; the appeal was rejected; parties to bear their own costs.
IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 16th Day of July 2026
PRESENT: HON’BLE MR. JUSTICE G. Chandrasekharan CHAIRPERSON
IA 1536/2025 (Waiver) in
AIR (SA) 1595/2025 (Arising out of I.A.No.1877/2023 in S.A.No.555/2023 on the file of DRT-I, Karnataka at Bengaluru)
Between
Mr. K. Srinivasa Setty, S/o. Venkatesappa Setty, Old SBM Road, Siruguppa, Karnataka. Partner, M/s. Surya Rice Industries, Siruguppa, Karanataka – 583 121.
… Appellant
And
- Karnataka Gramin Bank, (Earlier Pragathi Krishna Gramina Bank) Siruguppa Branch, Hallur Complex, Ballari Road, Siruguppa, Karanataka – 583 122. Rep by its Authorised Officer.
- Mr. Nataraja Vajragiri, S/o. Vajragiri Mallikarjuna, R/A No. 91, Ward No. 13, Kumaraswamy Layout, Siruguppa Town, Ballari District, Karnataka – 583 121. …Respondents
Issues for consideration
1 issue framed by the court
Whether the failure to produce the High Court order warrants dismissal of the waiver application and rejection of the appeal.
Parties & counsel
- appellant
Mr. K. Srinivasa Setty
- respondent
Karnataka Gramin Bank
- respondent
Mr. Nataraja Vajragiri
Coram
Case details
As recorded by the court registry
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