The Debts Recovery Tribunal allowed the OA filed by Canara Bank against the Defendant for recovery of a term loan amount along with statutory interest and costs, holding that the bank established its claim through documentary evidence.
The OA was allowed with costs; Defendant to pay Rs.21,54,840 with interest @ 11.85 p.a.; Recovery certificate issued.
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-I AT HYDERABAD
DATED THIS THE 14TH DAY OF JULY'2025
PRESENT: SRI GUMMADI GOPICHAND, PRESIDING oFFIcER
OA.No.212 of 2O2S
Between:
Canara Bank, Himayathnagar branch, DP code - 2720, situated at Himayathnagar, Hyderabad - 500 029. Represented by its Senior Manager
Applicant
VERSUS
SmtKethavath Sa roja, w/o K. Ramesh, Prop. Bhavani Ice and Ice creams, shop at 3-5-97, Indiranagar, Ramanthapur, UppalKhalasa, Uppal, M M/R District* 500 013^
And also at R/o Plot no.BB, TR Banjara Colony, Hayathnagar, Ranga Reddy dist- 501 505.
Defendant
Counsel for the Parties:
For the Applicant
For the Defendant
Sri V. lanardhan Expa rte
ORDER
ank filed the present OA against Defendant for I sum of Rs.21,54,84Ol- (Rupees Twenty One ,rpcqv.cr.y of a b0t i Lakhs Fifty fou thousand Eight Hundred and forty only)with
(OA. No.2121202s)
interest @ 11.85o/o p.awith monthly rests from date of application till the date of realization.
nsel for the Applicant Bank.
d*
#
*
(oA.No.212l2025)
(oA. No.2121202s)
(Dictated to the P.A., transcribed by her, corrected, signed and pronounced by me in the open court on this the 14th day of July'2025)
sd/-
(G. GOPTCHAND)
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t 1r ilurffi I
PRESIDING OFFICER
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ni,T-t,Hvotnea'"
1 issue framed by the court
Whether the Applicant Bank is entitled to recover the claim and future interest and costs made in the OA against the Defendant?
1 provisions across 1 enactments
Canara Bank, Himayathnagar branch
Gummaadi Gopichand
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
