Canara Bank v. E S Mahesh
Case brief
What is this about?
Debts Recovery Tribunal resolved an original application by Canara Bank for recovery of Rs. 45,37,635/- from defendants in their default. The court held the defendants jointly and severally liable and secured the debt via mortgage of the schedule property.
What did the court decide?
Defendants jointly and severally liable to pay Rs. 45,31,635/- with future interest @ 13.70% p.a.; OA claim secured by mortgage of schedule property; costs awarded.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL-II AT HYDERABAD DATED THIS THE 16th DAY OF OCTOBER, 2023 PRESENT: SH. MMESHWAR KoTI. L.LB. (Hons.), M.A. o*.rror"o t;.t....ofl.,
Original Application No: 62 OF 2023
Canara Bank, Tirupathi lvlain Branch. Chittoor District, Andhrapradesh.
Rep. by its Chief Manager.
.....Applicant.
Versus
- Shri E.S. Mahesh, S/o..Sri Eiriki,Subramanyam. Aged; Major, Occ: Business,
D. No. 6-144, DhanalaksmiNagar.
- Smtp. Gouthami, ryo. Sripavan Kumar, Ag-ed; Major, Occ: Business, D.No. 13-30-S 13_206, e.r.Layout, Tirupathi-517501.
... Defendants
Counsel for the Applicant
Defendants
Issues for consideration
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants and OA schedule property?
Parties & counsel
- applicant
Canara Bank, Tirupathi Main Branch
- respondent
Shri E.S. Mahesh
- respondent
Smt Gouthami
Coram
Case details
As recorded by the court registry
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