Allowed

Canara Bank v. Shaik Nawailah Maheen

DRT18 Feb 2026OA/572/2025

Case brief

AI extract

What is this about?

In an ex-parte hearing, the Debt Recovery Tribunal allowed Canara Bank's Original Application for recovery of Rs. 3.94 crore with interest from joint defendants. The court held defendants liable based on marked evidence and granted recovery of dues via mortgage and personal properties.

What did the court decide?

Defendants ordered to pay Rs. 3,94,46,014 with future interest; bank entitled to realize debt against mortgaged property and defendants' person/properties via recovery certificate.

Canara Bank versus Shaik Nawailah Maheen — Banking and Recovery | DRT (2026)

¶1

IN THE DEBTS RECOVERY TRIBUNAL.II AT HYDERABAD

¶2

DATED THIS THE 18TH DAY OF FEBRUARY, 2026

¶3

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

¶4

PRESIDING OFFICER

¶5

ORIGINAL APPLICATION No : 572 0F 2025

¶6

Canara Bank.,

¶7

Kadapa Main Branch, Andhra Pradesh.

¶8

Rep. by its Authorized Signatory.

¶9

.... .Applica nt.

¶10

Versus

¶11

Shaik Nawailah Maheen, D/o.Sri Shaik Mohameed Naveed, Aged lv'lajor Occ: Business, D. No.8/ 188- 1, Almaspet Cuddapah - 516001, Andhra Pradesh.

¶12

Shaik Mohammed Naveed, S/o. Sri Shaik Abdul Sattar, Aged Major, Occ: Business H.No.8-164, Almaspeta, Cuddapah Andhra Pradesh - 516001.

¶13

Shaik Rubyna, W/o. Sri. Mohammed Sirajuddin, Aged l4ajor, Occ: Business H. No.39/650- 16-3, Pakkir Palli, Beside Kesava Reddy, Cuddapah - 516002 Andh ra Pradesh.

¶14

Shaik Feroz Shaheen, W/o.Sri Shaik Abdul Sattar, Aged t'4ajor, Occ: Business H. No.8/188- 1, Almaspetta, Cuddapah Andhra Pradesh - 516001.

¶15

.. . Defendants

¶16

Counsel for the Applicant

¶17

: Mr. Dish it Bhattacharjee

Defendants

:Ex-parte

:: qLLL& ::

The Applicant Bank filed the^present OA for the^{recoverya total} sum of Rs.3,94,46,0141- from the^{defendants-jointly and}

¶22

..L^m"_.(.:.9

¶23

/,^{,/ -/G/_,}

¶24

oA.NO.572l2025

¶25

severally with future interest @12.25olo p.a. compounded monthly from 26.O5.2025 till the date of realization along with costs and in default for sale of OA schedule propedy.

¶26

WS not filed by D1 to 4 hence, their right was forfeited and were set ex-parte on 28.77.2025 as called absent and no representation.

¶27

The Appllcant Bank examlned K.S.Yeshwanth, Legal Manager, as AW-1 and marked 10 documents through him as Ex. A.1 to Ex. A. 10.

¶28

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

¶29

The point that arises for consideration is:-

¶30

Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants and OA schedule propefty?

¶31

As stated supra, the Defendants remained ex-parte. The Evidence Affidavit coupled with the recitals in the documents viz., Exs. A.1 to A.10 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.

¶32

in the result, the present Original Application No.S72/2025 is alowed as under: - fro"X

¶33

oA.NO.572l202s

¶34

i) The Defendants are jointly and severally liable to pay to the Applicant Bank a sum of Rs.3,94,46,0L4/- with future interest @9.45olo^p.a, simple from the date of application till the date of realization;

¶35

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;

¶36

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

¶37

iv) the applicant bank is entitled for the costs.

¶38

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

¶39

Issue Recovery Certificate accordingly.

¶40

Communicate a copy of this order to the parties concerned. (Dictated to the steno, corrected, signed and pronounced by me in the open court on this the 1Sth Day of February, 2026).

¶41

',\11N.... .r^</sup>

¶42

(RAMESHWAR KOTHE) PRESIDING OFFICER

Canara Bank v. Shaik Nawailah Maheen

Case brief

What is this about?

What did the court decide?

Canara Bank v. Shaik Nawailah Maheen

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Issues for consideration

Parties & counsel

Coram

Case details

Similar cases

Ganesh Rajesh versus Yms Finance Private Limited

Gummadavelli Ganesh versus Cholamandalam Investment and Finance Company Limited

Turpu Ramesh versus Can Fin Homes Ltd.

Union Bank of India versus M/s. Sri Venkateswara Agencies.

Punjab National Bank versus Shri Pulluri Sairam

Canara Bank versus M/s. Chandana Apparels