Canara Bank v. chandi
Case brief
What is this about?
Single judge order of the Debts Recovery Tribunal allowing the bank's original application for recovery of a loan amount with interest and future interest against ex parte respondents secured by mortgage.
What did the court decide?
Direct Union of Defendants to pay sum of Rs. 42,79,573.98 with future interest, realize debt via auction of mortgaged property and issue of recovery certificate.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL-II AT HYDERABAD DATED THIS THE loth DAY OF JUNE, 2026 PRESENT: SH. RAMESHWAR KOTHE, B.Com. L.LB. (Hons.), M.A. PRESIDING OFFICER
ORIGINAL APPLICATION No: 263 OF 2026
Canara Bank, Kadthal Village and Mandal, Rangareddy District, Represented by its Authorized Officer
......Applicant
Versus
- Mrs. Mudavath Chandi W/o M Beechya, Age: Major, Occ: Self Employee 6-37 -1, Gorinta thanda, Thimmajipet, Mahbubnagar, Telangana, Pin 509406.
- Mudavath Raju S/o M Beechya, Age: Major, Occ: Self Employee 6-37- t, Gorinta thanda, Thimmajipet, Mahbubnagar, Telangana, Pin 509406.
- Nagilla Jagadishwara, S/o. Nagilla Ramaswamy, Age: Major, Occ: Self Employee H No 2-21 Thommidirekula, Kesampet Mandal, Ligamdana, Mahbubnagar, Pin 509406
.... Defendants
: M/s. M.V. Kini Counsel for the Applicant Counsel for the Defendants : Ex-parte AY<x* U/!'"
oA.NO.263/2026
Issues for consideration
1 issue framed by the court
Whether the applicant bank is entitled to the claim made in the original application against the defendants and to the mortgaged property?
Parties & counsel
- applicant
Canara Bank
- respondent
Mrs. Mudavath Chandi
- respondent
Mudavath Raju
- respondent
Nagilla Jagadishwara
Coram
Case details
As recorded by the court registry
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