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2024 Supreme(Telangana) 201

M. G. PRIYADARSINI
Bank of India – Appellant
Versus
Nanda Narasimha Rao – Respondent


Advocates Appeared:
For the Petitioner: M.V. Ramana.

JUDGMENT:

M.G. Priyadarsini, J.

Aggrieved by the judgment and decree dated 25.06.2019 in O.S.No.1275 of 2007 (hereinafter will be referred as ‘impugned judgment’) passed by the learned IX Additional Senior Civil Judge, Ranga Reddy District at L.B.Nagar (hereinafter will be referred as ‘trial Court’), the plaintiff preferred the present appeal to set aside the impugned judgment.

2. For the sake of convenience, the parties hereinafter are referred to as they are arrayed before the trial Court.

3. The brief facts of the case, which necessitated the appellant to file the present appeal, are as follows :

    (a) The plaintiff filed O.S.No.1275 of 2007 against defendant Nos.1 and 2 seeking recovery of Rs.5,37,753/-. The brief averments of the plaint are as under:

(i) Defendant No.1 got hold of a demand draft bearting No.009494 of plaintiff’s Gurushaigunja Branch, Uttar Pradesh and manipulated a DD in his name for a sum of Rs.4,75,560/- dated 19.06.2006. Defendant No.1 in a premeditated scheme had opened savings bank account No.3009 with defendant No.2 on 26.06.2006. The said account was allowed to be opened by defendant No.2, even without following the rules and regulations/instructions issued by

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