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2025 Supreme(Online)(DRAT) 468

DEBT RECOVERY APPELLATE TRIBUNAL
Justice Anil Kumar Srivastava
Baddila Chandrasekhar and Another – Appellant
Versus
UNION BANK OF INDIA – Respondent


Reportable/Non-Reportable IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA (Misc. Appeal Diary No. 237 of 2025)

(Arising out of I.A. 447 of 2025 in S.A. 69 of 2025 in DRT-II, Hyderabad)

HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA CHAIRPERSON

1. Baddila Chandrasekhar, son of Badidla Narayana, Resident of Kakarakyalapalli Village, House of Valasapalli, Madanapalle Rural, Annmayya District - 517 325;

2. K. Guruva Reddy, son of K. Dilip Reddy, Resident of Plot No.202, Door No. 239, 16th Sector, HSR Layout, Agarwal Bhavan, Adithi, Bangalore City – 560 102, Karnataka.

… Appellant -Versus-

1. Authorised Officer, Union Bank of India, Regional Office, SVU Campus, Tirupati 517 502, Andhra Pradesh;

2. Iswarya Enterprises, A partnership Firm, represented by its Managing Partner P. Ramnath, Door No. 9-148/C, Madanpalle Road, Nallacheruvu (Village and Post), Sri Sathya Sai District 515 551, Andhra Pradesh;

3. Mr. P. Ramnath, son of Late P. Shankar Narayan Shetty, proprietor of Snehit Enterprises, Nalla Cheruvu Mandal, Sri Satya Sai District, Andhra Pradesh - 515 551.

… Respondents Counsel for Appellants … Mr. Nemani Srinivas Counsel for Respondent No. 1 … Mr. Pankaj Kumar Mukherjee JUDGMENT : 23rd April

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