The Debts Recovery Tribunal allowed an application filed by Canara Bank for recovery of Rs. 44,75,701/- along with interest from the defendant in an ex-parte proceeding. The court held the defendant liable to pay the dues and secured the claim via mortgage.
Defendant to pay Rs. 44,75,701/- and issue Recovery Certificate.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE DEBTS RECOVERY Ar HvDERABAD DArED rHrs rHE lsr, ^::'^1'lo"r, ot SEPTEMBER, 2026 PRESENT: rr. *rur;;;;j'jt o^.rrrjiil%.lr?....?.,r. rB. (Hons. ), M. A.
ORIGINAL APPLICATION No: 765 OF 2026
Canara Bant i*,XrA.l,SI;:eat Raiampet xep. by its authorizeO Signatory.
.....Applicant.
Versus
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Also at:K,eerthiprti -Vishnupriya,O/o. ct ;: fl:i XYj; : ;fji:i:iii"',!;ion"1 ^",'
... Defendant
Counsel for the Applicant
Defendant
: M/s. Chavan & Associates
: Ex-parte
:: oRDER ::
oANo'76s/2025
2
TheAPPlicant Bankexam ned * t'd"::-::T: ilJ :::::": marked14 documents througn as Aw-1and Ex.A.14
5.The Pointthat arises for considerationis:-
Whetherthe Aoplicant Bank is entitled' OA '!?':':': forthe claim'i'a" '' 'n" tneDefenAatniand OA schedute ProPertY?
6.As stated *'i' :^"-,":l:fT: ::ffi"i ,";T::'ll: il:::::lTi:' : ;:'1"";"; o"nuno' the A,Prrcant Bank clinchesthe cfaim of tne applicant Bank against the Defendant' Hence,I hold that the Defendant is liable to pay the oA claimto theApplicant Bank with futureinterestand costs'
oA.NO.765/2026
3
annexed to the OA and the applicant bank is entitled to proceed against the same to realise its debu
iii) the applicant bank is also entiued to proceed against the person and properties of defendants for realization of its dues;
iv) the applicant bank is entitled for the costs.
(RhFTESHWAR KOTHE) PRESIDING OFFICER
oA:Tjrluu
DRr-2 Hidcrsl1ll Or'€tnal Oocumor*s vo.iriEd. .nlrLd I Applicant counsel present along with AW-1 Mr. K. lo Appllcsot $Atnelel alter d-cu&oots as ex,lf I to Pradeep Kumar, chief Manager, Canara Bank, filed evidence affidavit and Ex. A-1 to A-14 are marked and reported no further evidence. Take summons against''., 't " the defendants. For filing POS Call on 02.09.2026.
02.09.2026.
Applicant counselpresent and filedmemo submittingthat summons sent to sole defendant servedas per PTR. No representation for the defendant and hencecalled absent. Postal receipts and PTR filed. Matterplaced before the Hon'ble PO for appropriate orders. call on 11.09.2026.
11.09.2026
Sri Jaspal SinghrepresentingCAL counsel for applicant present. Summons served on sole defendant,called absent, no representation andset exparte.A1 to 14 alreadymarked and reportedno furtherAE. For exparte arguments, call on 15.09.2026.
t5.09.2026
Mr. Jaspal singh representing salf counsel for applicant submitted exparte arguments. Orders will be passed during course. /;.We/p.o.
15.09.2026 Orders Pronounced, vide separate sheets.
In the result OA.No.76512026 is allowed with costs. Issue Recovery Certificate accordingly.
,frY6,"
1 issue framed by the court
Whether the applicant Bank is entitled to the claim and proceeds against the OA schedule property?
1 provisions across 1 enactments
Canara Bank
Keeanthipuri Vishnu Priya
Ratheshwar Kothé
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
