Canara Bank v. Smt. Padmamma
Case brief
What is this about?
In OA No. 73 of 2026, the Applicant Bank sought recovery of a housing loan sum of Rs. 60,59,929.05 plus future interest. The Defendants appeared ex parte. The Tribunal found the bank had substantiated its claim with documentary evidence.
What did the court decide?
The OA is allowed with costs. Defendants jointly and severally liable to pay Rs. 60,59,929.05 + future interest; Applicant Bank entitled to proceed against mortgaged property.
What the court decided
IN THE DEBTS RECOVERYTRIBUNAL-I AT HYDERABAD DATED THIS THE 1lrH DAy OF MARCH, 2026
PRESENT: SRI GUMMADI GOPICHAND, PRESIDING OFFICER
OA.No.73 ot 2026
Between:
Canara Bank, Tolichowki branch, H.No.9-4-76/2, Saleem Masood Complex, Bhaktawarguda, Hyderabad, TS - 500 008. Represented by its Chief Manager
Applicant
VERSUS
- 1, Smt Padmamma, w/o Nakka Ashanna,
flat no.B04, 4th floor in RN
Aadhvaya Apartments, Adjacent To Hanuman nagar, Karmanghat Village, Saroor nagar, Ranga Reddy Telangana - 500 079.
- Sri Nakka Ashanna, s/o Nakka Saraiah, flat no.B04,
4th floor in RN Aadhvaya Apartments, Adjacent to Hanuman nagar, Karmanghat Village, Saroor nagar, Ranga Reddy Telangana - 500 079.
Issues for consideration
1 issue framed by the court
Whether the Applicant Bank is entitled to recover the claim against the Defendants as prayed for in the OA?
Parties & counsel
- applicant
Canara Bank, Tolichowki branch
- respondent
Smt Padmamma
- respondent
Sri Nakka Ashanna
Coram
Case details
As recorded by the court registry
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