State Bank of India v. Basheer H
Case brief
What is this about?
The DR Tribunal allowed the application filed under Section 19(1) of the RD&BA, 1993, directing the recovery of Rs.1.75 crores along with interest from the respondents.
What did the court decide?
Recovery of principal sum of Rs.1,75,06,985.81 along with pendent lite and post-decree interest on specified accounts from the respondents.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL-2, KERALA AT ERNAKULAM
PRESENT: SRI.SOVAN KUMAR DASH PRESIDING OFFICER
Dated this the 29th day of May, 2026
ORIGINAL APPLICATION No.331/2023
Between
State Bank of India, Stressed Assets Recovery Branch, LMS Compound, Opp. Museum West Gate, Vikas Bhavan P.O., Thiruvananthapuram – 690 033. …Applicant
And
1. Basheer H., S/o.Hamsakoya, Sole proprietor, M/s.Saju Cashew Traders, Near Power House Jn., Kairali Nagar, Kilikolloor P.O., Kollam. Residing at Madathil House, Kannimel Chery, Kairali Nagar, Kilikolloor P.O., Kollam – 691 004.
2. Anvardeen E., S/o.Ebrahimkutty, Chanikkal Veedu, Soorya Nagar-10, Ayathil P.O., Kollam – 691 017. …Defendants
This Original Application having been heard on 26.05.2026
in the presence of Advocate Sri.Rajesh Rajagopala Pillai for the
Issues for consideration
1 issue framed by the court
Whether the applicant bank is entitled to recover the outstanding loan amount from the defendants jointly and severally.
Parties & counsel
- applicant
State Bank of India
- respondent
Basheer H.
- respondent
Anvardeen E.
Coram
Case details
As recorded by the court registry
Similar cases
Judgements on the same questions, provisions and authorities, from every court