Allowed

Canara Bank v. Andhra Steel and Hardware

DRT15 Sept 2026OA/775/2026

Case brief

AI extract

What is this about?

This Original Application sought recovery of a bank account balance along with future and penal interest. The debtor defendants were served but appeared ex-parte. Relying on the evidence affidavit and marked documents filed by the bank instrumentally, the Presiding Officer adjudicated liability and granted a recovery certificate without active adjudication of the merits.

What did the court decide?

Defendants jointly and severally liable to pay Rs.1,56,81,654/- with future interest; OA claim secured by mortgaged properties; Applicant entitled to proceed against property and persons of defendants; Recovery Certificate issued.

Canara Bank versus Andhra Steel and Hardware — Banking and Recovery | DRT (2026)

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IN THE DEBTS RECOVERY TRIBUNAL-II AT HYDEMBAD

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DATED THIS THE 1sTH DAY OF SEPTEMBER, 2026

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PRESENT: SH. RAMESHWAR KOTHE, A.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER

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ORIGINAL APPLICATION No: 775 OF 2026

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M/s. Canara Bank., Branch GNT Road, Sullurpet Tirupathi District - 524121, Andhra Pradesh. Rep. by its Authorized Signatory.

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.....Applicant.

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Versus

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M/s. Andhra Steels and Hardwares., Rep by its Proprietor, Sri Anis Raja S/o. Sri Kaja Mohideen, Age 38 Years Occ: Business, HSC No.3524 GNT Road Mahadevaiah Nagar, Sullurpet Town And Mandal, Tirupathi District - 524121.

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Also at: -

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5- 164-8/16, Gandla Street, Sullurpeta Town and Mandal, Tirupathi, Andhra Pradesh - 524121.

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Smt. Yasmin Rizwana, Wo. Sri Anis Raja, Age 33 Years, Occ: Business 5- 164-8/16, Gandla Street, Sullurpeta Town and Mandal, Tlrupathi, Andhra Pradesh - 524f27.

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Also at: -

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2 Naakiran Street, Muthamizh Nagar, Pammal Kancheepuram, Tamilnadu - 600075.

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Sri Anis Raja, S/o. Sri Kaja Mohideen Age 38 Years, Occ: Business, HSC No.3524 GNT Road, Mahadevaiah Nagar, Sullurpet Town And Mandal, Tirupathi District - 524121.

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Also at:-

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5-764-8/ 16, Gandla Street, Sullurpeta Town and Mandal, Tirupathi Andhra Pradesh - 524L21. AVr_n* ...Defendants

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oA,NO.775 /2026

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Counsel for the Applica nt

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: Ms. Sangeeta Jaiswal

Defenda nts

:Ex-parte

:: qLLE& ::

The Applicant Bank filed the present OA for the recovery a total sum of Rs.1,56,81,654/- towards A/c. No.125004947551 from the defendants jointly and severally with future interest @12.650lo^p.a. inclusive^penal interest @20lo from 01.06.2026 with monthly rests till the date of realization along with costs and in default for sale of OA schedule properties.

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Summons served on D1 to 3. They were set ex-parte on 10.09.2026 as called absent ahd no representation.

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The Applicant Bank examined Epuri Mahesh, Legal Nlanager, as AW-1 and marked 27 documents through him as Ex. A.1 to Ex. 4.27 .

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

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The point that arises for consideration is:-

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

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As stated supra, the Defendants remained ex-parte. The Evidence Affidavit coupled with the recitals in the documents viz., Exs. A.1 to A.27 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 ApplicarF'ltRlrk wit[ future interest and costs. (f/^{Aatsr'\ -}

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oA.NO.77sl2026

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In the result, the present Original Application No.775/2026 is allowed as under: -

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i) The Defendants are jointly and severally liable to pay to the Applicant Bank a sum of Rs.1,56,81,654/- towards A/c. No. L25004947551; with future interest @11.90o/o^p.a. simple from the date^of application till the date of realization;

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ii) the OA claim is secured by way of mortgage of propefties described in the schedule annexed to the OA and the applicant bank is entitled to proceed against the same to realise its debt;

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

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iv) the applicant bank is entitled for the costs.

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

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Issue Recovery Certificate accordingly.

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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 thisthel5thDayof september,2026).

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/dWS

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(nnhas6HwnR KorHE) PRESIDING OFFICER

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'tlrbW

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DRT-2 l-lyderabad O,lglnrl Oocumontg v6.itiod. mr*alt l' fatsrnod to Appticsnt lnr wt naW l tnr s g s a ft r t t t asex f / 6 Ex --U:F Ga 1'l submittsd.

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fffiN)-.x,K,n

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ot: +15 )zrz4

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Applicant'counsel present along with AW-1 Mr. Epuri^---ri.'"- Mahesh, Manager, Canara Bank, filed evidence affidavit . 1 and Ex. A-t to A-27 are marked and reported no further evidence. Take summons against the defendants. For^' - l, filing POS Call on 03.09.2026.

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03.09.2026. ,_ Applicant counsel present and filed memo submitting that summons sent to all three defendants served as per PTR. Postal receipts and PTR filed. No representation for the defendants. Matter placed before the Hon'ble PO for appropriate orders. call on 10.09.2026.

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L0.09.2026 Miss j laxmi representing^{si Summons servedon D1 to D3'} Called absent no^{representationand set exparte.Ex. A1 to} A27 already marked.^{For expartearguments,call on} 15.09.2026. tu

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t5.09.2026 Miss sangeeta laiswal counsel for^applicant submitted exparte arguments. Orders^{will be passed during} coursfuu_z (/P.o.

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1s.09.2026 Orders Pronounced, vide separate sheets. In the result OA.No.77512026 is allowed with Recovery Certifi cate accordingly.

Canara Bank v. Andhra Steel and Hardware

Case brief

What is this about?

What did the court decide?

Canara Bank v. Andhra Steel and Hardware

Case brief

What is this about?

What did the court decide?

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