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8. Late Smt. Manchala Andalamma, the mother of the Appellant and one of the personal guarantors of the said loan, has met with a sad demise and according to the Appellant himself, as per the law of the Succession, the property of Late Smt. Manchala Andalamma, was to be devolved upon her husband Manchala Raghavendra, and further the claim raised by the Appellant was that it will also be devolving upon her children i.e., Manchala Nagesh Kumar, the Appellant i.e., Dr. Srinivas Manchala, and Sri Manchala Raghavendra. Since Sri Manchala Raghavendra had met with sad demise, the property will be devolving upon his legal heirs. However, this is a subject to be decided on an independent civil proceeding, which is still pending consideration.

11. It was the case of the Appellant that, owing to the fact that the coparcenary right would devolve upon him in relation to the property belonging to Late Smt. Manchala Andalamma, and since he claimed himself to have a coparcenary right over the property, he sought to intervene in the company petition.

12. But the admitted position is that the Appellant himself has filed an Original Suit No.58/2022, seeking partition of the joint family property after the sad demise of his mother, Smt. Manchala Andalamma, in the Court of the Hon'ble Principal District Judge and Session Judge, Bhongir, in which the Respondent No.1, Bank, was also made as one of the parties to the proceedings.