Canara Bank v. M/S. Naveen Textiles
Case brief
What is this about?
Debts Recovery Tribunal allowed Canara Bank's application for recovery of loans and interests owed by M/s. Naveen Textiles, rejecting the respondent's absence.
What did the court decide?
Recovery of Rs. 1,97,53,109.53 plus future interest; right to proceed against properties; issue of Recovery Certificate.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL - I AT HYDERABAD DATED THIS THE 12th DAY OF JANUARY, 2026 PRESENT: SRI GUMMADI GOPICHAND, PRESTDING oFFICER
OA. No. 479 OF 2025
Between:
Canara Bank, Warangal Branch, 8-4-4, Krishna Colony, Station Road, Warangal, Telangana - 506 002. Represented by its Principal Officer and Manager
Applicant
VERSUS
M/s.Naveen Textiles,, Rep. by its Proprietor, Mrs. Mamidala Umaben, R/o. Plot No. 103, Textile Park, Madikonda, Sy No. 1791, Kazipet, Warangal, Telangana - 506 142.
Also at -
H.No. 53 & 54, Shiv Park Society, Naher Road, Goadadara r" : : ^ '* surat - 3gs 2't o. ,.,,,, :,.1," ;:'.'-.1;:*'' t,"' , .'l : .,r;':,:, Defendant
W*#
(oA. No. a79l202s)
Counsel for the parties ;
Issues for consideration
1 issue framed by the court
Whether the debt recovery tribunal should allow the bank's application for recovery of outstanding dues, interest, and costs.
Parties & counsel
- applicant
Canara Bank, Warangal Branch
- respondent
M/s. Naveen Textiles
Coram
Sri Gummadi Gopichand
Case details
As recorded by the court registry
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