Debts Recovery Tribunals and Appellate Tribunals
STATE BANK OF INDIA vs Pusala Rajesh on 30 July 2026
Appeal No. 32 of 2026-DRAT-Kolkata
**IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA**
Appeal No. 32 of 2026
(Arising out of S.A. 175 of 2020 in DRT, Visakhapatnam)
**HON'BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA**
**CHAIRPERSON**
1. 1. The Authorised Officer, State Bank of India, having office at Stressed Asset Recovery Branch (SARB), Administrative Office Campus, Balaji Nagar, Siripuram Junction, Visakhapatnam – 530 003;
2. 2. The Branch Manager, State Bank of India, Bazaar Branch, D. No. 28-33, Opp. Viswanadh Theater, Kasturibai Road, Chilakaluripeta, Guntur – 522 616, Andhra Pradesh.
... Appellants
-Versus-
1. 1. Pusala Rajesh, S/o P. Sundara Babu, presently residing at Unit 3, 11/13, Water Street, Went Worthville, Sydney, NSW 2145, Australia and permanently residing at Door No. 4-92, Boppudi Village, Chilakaluripeta Mandal, Guntur District – 522 616, Andhra Pradesh.
2. 2. S. Kishore Kumar, S/o Srihari, residing at H. No. 3-7-64/38, 1<sup>st</sup> Floor, Sai Sapthagiri Colony, Mansoorabad, Hayatnagar, K.V. Ranga Reddy, Hyderabad – 500 068, Talengana.
... Respondent
... Proforma Respondent
Counsel for Appellants ... Mr. Ajay Gaggarr (Virtual)
Counsel for Respondent No.1 ... Mr. D.N. Murthy **JUDGMENT : 30<sup>th</sup> July, 2026**
**THE APPELLATE TRIBUNAL:**
Judgment and order in Appeal No. 32 of 2026 is pronounced today in Court, which is kept in separate sheets containing eight pages.
Order is as under:
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O R D E R
Appeal is allowed. Judgment and order dated 15<sup>th</sup> March, 2025 passed by the Learned DRT, Visakhapatnam is hereby set aside. Consequently, S.A. 175 of 2020 (Pusala Rajesh -vs- State Bank of India & Others) stands dismissed.
(Anil Kumar Srivastava, J) Chairperson
30/7/26
Dated: 30<sup>th</sup> July, 2026 ac