Debts Recovery Tribunals and Appellate Tribunals
FEDERAL BANK vs Mr. KADIYALA VENKATESAWARA RAO on 6 August 2026
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IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA CHAIRPERSON Appeal Dy. No. 810 of 2026
Order No. 02 06.08.2026
The Federal Bank Ltd. & Anr. ……Appellant -Vs- Kadiyala Venkateswara Rao & Ors. … Respondents Ms. Aparajita Rao, Learned Counsel for the Appellants Mr. Nemani Srinivas, Learned Counsel for the Respondent No.
4. THE APPELLATE TRIBUNAL : Admission Supplementary Affidavit filed by the Appellant is taken on record. Mr. Nemani Srinivas, Learned Counsel has put in appearance for Respondent No. 4. He undertakes to file vakalatnama within a week. Admit the Appeal by providing a regular Appeal number. Issue notice to the Respondents No. 1, 2 and 3. Affidavit of service be filed within two weeks. Opposition be filed within two weeks with copy to the Appellant who may file rejoinder within two weeks thereafter. Learned Counsel for the Appellant would submit that the Learned DRT has allowed the Securitisation Application with direction to the Bank to return the amount to the
2 Auction Purchaser within 30 days and the borrower and Bank may compromise the case under O.T.S. Learned Counsel submits that pending Appeal, borrower is trying to get the order implemented. However, there are issues to be considered. Having considered the submissions, we found it appropriate that there are issues to be considered in the appeal. Accordingly, operation of the impugned order shall remain stayed till the next date of listing. List on 6th October, 2026 for hearing of Appeal.
(Anil Kumar Srivastava,J) Chairperson Dated 6th August, 2026 4/tp