191090003552022_460d1545bd25914066cd1fcffe1a3384.pdf

IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
      (Appeal No. 42 of 2022)
(Arising out of S.A. No. 184 of 2017 in DRT-Visakhapatnam)
THE HON’BLE  MR.  JUSTICE ANIL KUMAR SRIVASTAVA
CHAIRPERSON
1. Smt. Poonuru Bharati wife  
Prabhakar Rao, Balaji Nagar, 
Podalakur, SPSR Nellore District.
2. Smt. Konduru Padam, Wife Srinivasulu, Balaji Nagar, Podalakur, 
SPSR Nellore District.
3. Vakati Vasudeva Kumar, Son of Jayaramaya residing at Main 
Road, Podalakur, SPSR Nellore District.
4. Vakti Rajendra Kumar, son of Jayarama residing at Main Road,
Podalakur, SPSR  Nellore District.
5. P Chandrasekhar, son of Guravayya Door No. 969, Rupa Nagar, 
Sri Kalahasti Town Chitoor. 
6. Palkuru Penchela Naryana Reddy, son of Penchala Reddy residing
at Moguluru Village, Post Podalakuru Manda, SPSR Nellore
District.
7. Konidhala Sudhakar, son of Srinivasulu Nayudu residing at Door 
No. 03.05.185, Rajagopalapurm, Naidupeta, SPSR Nellore District.
8. Kolagani Sudheer Kumar, son of Narsimha Rao residing opposite 
Priyadarshini College, Podalakoor, SPSR Nellore District.
9. Golagani Mashtan Babu, son of Narsimha Rao residing opposite 
Priyadarshini College, Podalakoor, SPSR Nellore District.
10.Kanchi Krishna, son of Mohan Rao residing at Door No. 11/128A, 
Maganivari Veedhi, Santhapeta, Nellore City, SPSR Nellore.
11. Ponnapoola Swarnalatha, son of Venkata Ramana residing at 
Kattubadipalli 
Village, 
Devarayamooru 
(PO), 
Sairampuram 
Mandal, SPSR Nellore District.
12.Podalakur Narayana, son of Venkatayya residing at Chittepalli 
Village, Podalakur Village, SPSR Nellore District.
13.Ponnapola 
Ramesh, 
son 
of 
Lakshmayya 
residing 
at
Yadhavaveedhi, Podalakur Mandal SPSR Nellore District.

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14. Paruchuru Ranga Rao, son of Ramayya, residing at Pillayir Coil 
Veedhi, Pullar Chennai.
15. Srivada Seshadri, son of Chandrasekhar Reddy residing at 
Chittepalli Village, Podalakur, SPSR Nellore District.
16. Mandla Ankireddy, son of Balaramireddi, residing at Moguluru 
Village, Podalakur Mandal SPSR Nellore District.
17. Poluru Pedapanchalayya, son of Chinna Chikkolayaa residing at 
Srinivasapuram Veedhi, Podalukur, SPSR Nellore District.
18. Sivada Venkateswaralu Reddy, son of Chandrasekhar Reddy
residing at Chittepalli Village, Podalakur, SPSR Nellore District.
19. Sivada Srinivasulu Reddy, son of Chandrasekhar Reddy residing 
at Chittepalli Village, Podalakur, SPSR Nellore District.
                                                                                 …Appellants
                                  -Versus-
1.
Canara Bank represented through Authorised Officer, Nellore Branch, 
Brundavanam Nellore -524001.
2. 
M/s Sarvam Sai Agencies, represented by its Partners Sri Ranjan 
Kalliyappan, son of Late Kaliyappan, Door No. 24-2-840, 1st Floor, Ram 
Nagar, Opposite M.G. Bros, Durgamitta, Nellore -524003.
3.
Sri Ranjan Kaliyappan, son of Late Kaliyappan, Door No. 24-2-840, 1st 
Floor, Ram Nagar, Opposite M.G. Bros, Durgamitta, Nellore -524003.
4.
Smt. Pulugu Parvathi, wife of Dwaram Venugopalreddy, Door No. 24-
2-840, 1st Floor, Ram Nagar, Opposite M.G. Bros, Durgamitta, Nellore -
524003.
5.
D. Pavan Kumar Reddy,  
son of Sudhakar Reddy residing at 
Vidyanagar, Kota Mandal, SPSR Nellore District.
6.
Ravula Dasaiah, son of Late Ankaiah Goud residing at Biradavolu 
Village, Podalukur Mandal, SPSR Nellore District.
7.
 Gadikota Venkata Mohan Naidu, son of Narasayya, Kammapalem 
Village, Dachuru Post, Kalavai Mandal, Nellore District.
8.
Venati Balasubhramanyam Reddy, son of Muniram Reddy Door No. 
26/441, 4th Cross Road, SBI Colony, A.K. Nagar, Nellore -524004.
                      …  Respondents

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Counsel for the parties
Mr. Nemani Srinivas,  
Learned Counsel,  for the 
Appellant
Ms. Aparajita Rao, 
Learned Counsel  for 
the Respondent.
 
JUDGMENT                         
:   
On   9th May, 2024  
THE APPELLATE TRIBUNAL :           
                
Heard the Learned Counsel for the parties and perused 
the record.  
2.
Instant Appeal has arise

…