The Tribunal allowed the bank's original application for the recovery of a debt sum of Rs.20.33 lakhs with interest and costs, acknowledging defendants' liability as they remained in default ex-parte.
Defendants liable to pay Rs.20,33,882.65 with future interest; bank entitled to enforce against property and costs.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE DEBTS RECOVERY TRIBUNAL.II AT HYDERABAD
DATED THIS THE 15th DAY OF APRIL, 2024
PRESENT: SH. RAMESHWAR KOTHE, B.Com, L,L.B. (HonS.), IY.A. PRESIDING OFFICER
ORIGINAL APPLICATION No. 453 OF 2023
Canara Bank l4oinabad Branch (Erstwhile Syndicate Ban k) Moinabad Branch, JBIT, Amdtsur Cross Roads, lvloina bad, Ranga Reddy District 500075 Rep by its Branch Manager. .Applica nt.
Versus
ORDER
oA.NO.4s3l2023
2
monthly rests from the date of filing of this O.A. till the date of realisation along with costs.
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants?
oA.NO.4s3l2023
3
DY''"Y (hfMESHwAR KorHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Bank is entitled for the claim made in the OA against the Defendants?
Canara Bank Moinabad Branch
Mrs. Chevella Neelamma
Mt. A. Anjanilu
Rameshwar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
