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Bank Manager Faces HC Heat in Contempt Case

The New Indian Express Hyderabad

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June 15, 2025

Justice CV Bhaskar Reddy of the Telangana High Court declined to dispense with the personal appearance of Rajanish, Chief Manager of Canara Bank, Ameerpet-2 Branch, in a contempt of court case linked to a gold loan dispute.

The case stems from a petition filed by M Krishna Rao, a resident of Budvel, Ranga Reddy district, alleging that the bank failed to return his pledged gold ornaments despite the high court's clear directive to do so once the loan was fully repaid.

According to the petitioner, the court had earlier disposed of the writ petition with specific directions that the bank should return the gold ornaments upon full repayment of the loan, within the time stipulated by it. Complying with the order, Krishna Rao claims to have cleared the entire loan and submitted a representation on November 8, 2024, requesting the release of the ornaments.

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