Canara Bank v. Rahul
Case brief
What is this about?
DRT allowed original application filed by Canara Bank for recovery of Rs.22.74 lakh plus interest and costs against a defaulting defendant. Court held claim established by evidence and directed issuance of recovery certificate.
What did the court decide?
Decree for recovery of Rs.22,74,694.48 plus interest; realization against hypothecated assets; personal liability of defendant; costs awarded.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL-II AT HYDERABAD DATED THIS THE 14th DAY OF NOVEMBER, 2023
PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB. (Hons.), Ivt.A. PRESIDING OFFICER
Original Application No: 796 OF 2022
Canara Bank, Branch Office at # 7-76, National Highway-9, Hayathnagar, Ranga Reddy Dist.-501505. Rep. by its Authorized Officer.
.....Applicant.
Versus
Jarpula Rahul, C/o. Jarpula Devja, Agedi 24 Years, Occ: Business, R/o. Plot No. 80, Banjara Colony, Hayathnagar, Near Hanuman Temple, Ranga Reddy Dist., Telangana-501505.
...Defendant
Counsel for the Applicant
Ms. Tarangini Pisipati
Defendants
Exparte
Issues for consideration
1 issue framed by the court
Whether the Applicant Bank is entitled to recover the claimed dues from the Defendant and his hypothecated assets?
Parties & counsel
- applicant
Canara Bank
Coram
RAMESHWAR KOTHE
Case details
As recorded by the court registry
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