Canara Bank v. Bathula Sravan Kumar
Case brief
What is this about?
In OA 134/2025, the Debt Recovery Tribunal allowed a bank's claim for debt recovery and auction of mortgaged property after defendants defaulted on summons and remained absent.
What did the court decide?
The OA is allowed; Defendants are directed to pay Rs. 3,10,31,169/- with future interest; Recovery Certificate issued; directions for cost memo.