Debts Recovery Tribunals and Appellate Tribunals
SOUTH INDIAN BANK vs SAI JYOTHI PUBLISHERS on 23 September 2026
MA.82 of 2025
Dt.23.09.2026
It is noticed in the orders passed in MA.82 of 2025 on 22.9.2026, the date of the order was wrongly typed as 2<sup>nd</sup> day of September, 2026 instead of 22<sup>nd</sup> day of September, 2026. It is a typographical mistake and the same is corrected as "22<sup>nd</sup> day of September, 2026" in the above orders.
NIC is directed to upload this order along with the corrected order in the website.
PO
**IN THE DEBTS RECOVERY TRIBUNAL
VISAKHAPATNAM**
Present: - Sri Krishna Gopal Dwivedi, Presiding Officer Dated the <sup>22nd</sup> 2<sup>nd</sup> Day of September, 2026
M.A. No.82 of 2025
in
O.A. No.970 of 2018
**Between:**
South Indian Bank, Rep by its Branch manager, Vijayawada Branch, Vijayawada.
.....Petitioner
**And:**
1. M/s Sai Jyothi Publishers, rep by is partner Mrs Parcuchuri Nagakumari r/at Plot No.273, Block No. C-10, New Auto Nagar, Kanuru, Vijayawada-520007.
2. Smt. Paruchuri Nagar Kumari W/o Srinivas Rao, Partner of M/s. Sai Jyothi Publishers r/at D.No.24-11-3/4/A, Sambamurthy Road, Bavajipeta, 5<sup>th</sup> Line cross, Durgapuram, Vijayawada-520003.
3. Sri Vuppala Ganapathi S/o Appanna, Partner M/s Sai Jyothi Publishers, r/at D.No.8-13-40, Weavers colony, Nehru Nagar, Guntur-522001.
4. Sri Vuppala venkateswara Rao, S/o Ganapathi, Partner M/s Sai Jyothi Publishers, r/at D.No.24-11-4/9, Repallivari Street, Bavipeta, Vijayawada-520003.
5. Smt. Devisetty Bhagya Lakshmama, W/o D.Chinna Galaiah, Partner M/s Sai Jyothi Publishers, r/at D.No.24-11-3/4/A, Bavajipeta, 5th Line Cross, Near Kotha vantaena, Vijayawada-520003.
6. Sri Paruchuri srinivas rao son of Sriramulu, r/at D.No.24-11-3/4/A, Sambamurthy Road, bavajipeta, 5<sup>th</sup> line cross, Durgapuram, Vijayawada-520003.
.....Respondents
**Present:-**
Ld. Counsel for Petitioner
- Sri. S.S. Sharma
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**ORDER**
In the above MA, the petitioner has prayed to condone the delay of 1032 days in filing the set aside petition for dismissal order dt.24.08.2022 in the interest of justice.
\* Corrected as per orders dt. 23/9/26
As per MA, the petitioner had filed OA for recovery of an amount of Rs.71,65,911.47ps. The case was posted for adducing exparte evidence on 04.03.2020. The advocate by name Mr. N. V. Subba Raju, had not informed the bank authority about the progress of the case. After verification, it came to the knowledge of the bank that OA was dismissed for default on 24.08.2022.
Vide order dt.15.07.2026, the OP/respondents are debarred from filing counter.
OA 970/2018 was filed for recovery of Rs.71,65,911.47ps. From the record of MA, it reveals that the then Advocate had not informed about the progress of the case to the bank and at last on 24.08.2022, the OA was dismissed for default.
In the interest of justice, I condone the delay and direct the office to register the MA for filing set aside petition and accordingly allow MA 85/2025 with a cost of Rs.2000. I direct the petitioner bank to deposit this amount to the Prime Minister Relief Fund.
[Dictated to steno, transcribed by her, corrected and pronounced by me in the open court on this day of 22<sup>nd</sup> September, 2026]
**PRESIDING OFFICER DEBTS RECOVERY TRIBUNAL VISAKHAPATNAM**