Allowed

Karnataka Bank Limited v. M/s. D G Enterprises.

DRT21 Apr 2026OA/24/2026

Case brief

AI extract

What is this about?

In an ex-parte Original Application for debt recovery, the Presiding Officer held that the Defendants were jointly and severally liable to pay the claimed amount with future interest and costs based on the unopposed evidence affidavit and documents filed by the bank.

What did the court decide?

Defendants ordered to pay Rs.2,48,45,888.82 with future interest and costs; property in OA schedule mortgaged to secure claim; Recovery Certificate issued.

Karnataka Bank Limited versus M/s. D G Enterprises. — Banking and Recovery | DRT (2026)

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IN THE DEBTS RECOVERY TRIBUNAL-II AT HYDERABAD

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DATED THIS THE 21ST DAY OF APRIL, 2026

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PRESENT: SH. RAMESHWAR KOTHE, B.COM., L.LB. (HONS.), M.A.

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PRESIDING OFFICER

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ORIGINAL APPLICATION No: 24 OF 2026

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Karnataka Bank Ltd.,

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Plot No.70, Shiva Ganga Colony, Siris Road L B Nagar, Hyderabad - 500074. Rep. by its Authorized Signatory.

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.....Applicant.

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Versus

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M/s. D G Enterprises., Rep by its Proprietor Mr. Salari Dasthagiri, H. No.18- 1-508, Venugopal

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Nagar, Ananthapur, Andhra Pradesh - 505001.

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Mr. Salari Dasthagiri, S/o. Salari Rahamuthulla, Aged about 32 Years

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Occ: Business, R/o. 18-1-508, Venugopal

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Nagar, Ananthapur, Andhra Pradesh - 505001.

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Mrs. Dudekula Rasoole Bee

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W/o. Salari Dasthagiri, Age Major

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Occ: House Wife, R/o. 18-1-508, Venugopal

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Nagar, Ananthapur, Andhra Pradesh - 505001.

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... Defendants

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: Mr. N. Rama Rao Counsel for the Applicant Defendants : Ex-parte

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::^qLLEL ::

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The Applicant Bank filed the present OA for the recovery a total sum of Rs.2.48,45,888.82ps from the defendants^jointly and severally with future interest @13.e4olo p.UffX:t."r,

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oA.NO.2412026

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from the date of application till the date of realization along with costs and in default for sale of OA schedule property.

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Summons served on D1 to 3 through paper publtcation. They were set ex-parte on 20.04.2026 as called absent and no representation.

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The Applicant Bank examined D L Narayana, Asst. Manager, as AW-1 and marked 32 documents through him as Ex. A.1 to Ex. A.32.

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Heard the Ld. Counsel for the Applicant Bank. Perused the material placed on record.

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The point that arises for consideration is:-

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Whether the Applicant Bank is entiued for the claim made in the OA against the Defendants and OA schedule property?

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As stated supra, the Defendants remained ex-parte. The Evidence Affidavit coupled with the recitals in the documents viz., Exs. A.1 to A.32 marked on behalf of the Applicant Bank clinches the claim of the Applicant Bank against the Defendants. Hence, I hold that the Defendants are jointly and severally liable to pay the OA claim to the Applicant Bank with future interest and costs.

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In the result, the present Original Application No.24/2026 is allowed as under: - OWuuot

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oa.No.2412026

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i) The Defendants are jointly and severally liable to pay to the Applicant Bank a sum of Rs.2,48,45,888.82ps with future interest @13.94olo p.a. simple from the date of application till the date of realization;

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ii) the OA claim is secured by way of mortgage of property described in the schedule annexed to the OA and the applicant bank is entitled to proceed against the same to realise its debt;

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iii) the applicant bank is also entifled to proceed against the person and properties of defendants for realization of its dues;

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iv) the applicant bank is entiued for the costs.

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The Applicant Bank is directed to file Cost Memo within 2 weeks from the date of receipt of this Order.

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Issue Recovery Certificate accordingly.

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Cimmunicate a copy of this order to the parties concerned. (Didated tolhe steno, corrected, signed and pronorn""d by ." in th"ip"" i.rn "" this the 2ln Day ofApril, 2026).

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y'fte<Lv

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\J'',/ (RAMESHWAR KOTHE) PRESIDING OFFICER

Karnataka Bank Limited v. M/s. D G Enterprises.

Case brief

What is this about?

What did the court decide?

Karnataka Bank Limited v. M/s. D G Enterprises.

Case brief

What is this about?

What did the court decide?

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