Canara Bank v. Jaya Goel
Case brief
What is this about?
A Debt Recovery Tribunal allowed an Original Application filed by Canara Bank against two defendants for recovery of outstanding loans totaling over Rs. 1 crore, including housing, home, and MSME loans, with future interest and costs.
What did the court decide?
Defendants jointly and severally liable to pay Rs.1,09,37,219.65 with future interest at 11.25% p.a.; bank entitled to proceed against mortgaged property and defendant assets; recovery certificate iss
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL -I AT HYDERABAD DATED THIS THE 7th DAY OF NOVEMBER, 2025
PRESENT: SRI cUMMADI GOPICHAND, PRESIDtNG OFFTCER
OA. No. 168 OF 2025
Between :
Canara Bank,
Hyderabad, Abid Road - ll Branch, 5-9-247 l2-3, Mushib Jung Building, Hyderabad, Telangana - 500001. Represented by its Chief Manager
Applicant
VERSUS
- Jaya Goel, D/o. late Purushottam Aganlrral, Age: Major, Gender: Female 217 621 A-1, Ghansi Bazar Near High Court, Chelapura Asifnagar, Telangana - 500 006.
Also at -:
H.No. 12-1 1-1547, Plot No.38/1 Warasiguda, Secunderabad, Telangana - 500 061.
- M/s. Jai Bhavani Textiles Having Reg. Address At Advocate Colony 1 2 56151 Domalaguda Himayath Nagar, Hyderabad - 500 029 Telangana
Issues for consideration
3 issues framed by the court
whether the applicant bank is entitled for the claim made in the OA against the Defendant as prayed for
whether the applicant bank is allowed to proceed against the mortgaged property for realization of the debt due
whether the applicant bank is allowed to proceed against the person and properties of the defendants for realization of the debt due
Parties & counsel
- applicant
Canara Bank
- respondent
Jaya Goel
- respondent
M/s. Jai Bhavani Textiles
Coram
Case details
As recorded by the court registry
All orders in this case
2 orders share this CNR
- Order 1 — this page · G. Gopichand
- Order 2 · Krishna Gopal Dwivedi
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