Canara Bank v. M/S. M.K.Foods
Case brief
What is this about?
In OA No.386 of 2024, the Debt Recovery Tribunal allowed a bank application for recovery of Rs.32,42,336.21 with future interest and costs against a sole proprietorship and its proprietor, noting defendants called absent.
What did the court decide?
The Defendants are directed to pay Rs.32,42,336.21 with future interest and costs; Recovery Certificate to be issued.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL-IAT HYDERABAD
DATED THrS THE 15rHDAY OF APRTL, 2025
PRESENT: SRI GUMMADI GOPICHAND,PRESIDING OFFICER
OA.No.386 of 2024
Between:
Canara Bank, Pathergatty branch, Shopping mall, 22-7-lLO, 2nd floor, Pathergatty, Hydera bad.Tela nga na state. Rep by its Chief Manager
Applicant
VERSUS
- M/s. M.K. Foods, Represented by its soleproprietor Sri Irfan Ali Mardhani,4-299, Sriram colony, JalPallYvillage, Ranga Reddy dist - 500 077
and
H.No.2-342/1, Jalpally(V) , u:-.,*t qry-N Balapur (M), RR dist - 5000$!5:,$ir-iq'i-:r,', *ii 'fA ' 2. trll Sri I ll(Jll rfan Ali nrr rrulu9llr,Mardani, S Os / o >fl Sri lvlM a nSOOnsoo r Al li Mardhqni,lvldtUllqlll, 1q rnr! aged 33years, occ: businesSl' 'iciPrt! t025 Jalpally rlo 4-299, Sriram village, colony,,,'.,.ri; :.',r' .,,,ri Ranga Reddy dist - 500 Defendants
Issues for consideration
1 issue framed by the court
whether the Applicant Bank is entitled to recover the claimed sum from the defendants as prayed for
Parties & counsel
- applicant
Canara Bank, Pathergatty branch
- respondent
M/s. M.K. Foods
- respondent
Sri Irfan Ali Mardhani
Coram
Case details
As recorded by the court registry
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