Canara Bank v. Lakshmanna
Case brief
What is this about?
The Debt Recovery Tribunal allowed Canara Bank's original application for recovery of dues totaling approx. Rs. 30.71 lakhs from respondents, joint and several and with interest, declaring them liable based on ex-parte evidence.
What did the court decide?
Respondents jointly and severally liable to pay Rs. 30,71,555.20 with future interest at 7% p.a.; bank entitled to proceed against properties and costs.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL.II AT HYDERABAD DATED THIS THE 22ND DAY OF JUNE, 2026 PRESENT: SH. RAN,IESHWAR KOTHE, B.Com. L.LB. (Hons.), M.A. PRESIDING OFFICER
ORIGINAL APPLICATION No: 431 OF 2026
Canara Bank, Rayadurg D No.9- 1- 126 1st Floor Laxmi bazar Rayadurg, Rayadurg, Andhra Pradesh 515865. Rep. by its Senior Manager, Manager
......Applicant
Versus
- M/S Veena Dresses, Represented By its Proprietor Pujari Lakshmanna, H. No 15-2-228 Obulachari Road, Rayadurg, Anantapur district Andhra Pradesh 51586
- Pujari Lakshmanna S/o late Sannappa R/o H No t5-2-228, Uligamma Temple Street Obulachari Road Rayadurg Anantapur District Andhra Pradesh 515865
....Defendants
: lvlr. P. Sai Chandrasekhar Counsel for the Applicant Counsel for the Defendants : Ex-parte fu*'
oA.NO.43u2025
:: ORDER ::
Issues for consideration
2 issues framed by the court
Whether the Applicant Bank is entitled for the claim made in the Original Application against the Defendants and properties?
Whether the evidence affidavit coupled with documents clinches the claim of the Applicant Bank against the Defendants?
Parties & counsel
- applicant
Canara Bank
- respondent
M/S Veena Dresses
- respondent
Pujari Lakshmanna
Coram
Case details
As recorded by the court registry
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