Canara Bank v. Jadhav Dairy Farm
Case brief
What is this about?
This is an original application filed by Canara Bank for recovery of dues from a borrower firm and guarantors via a loan account, as the said borrowers did not respond to the summons.
What did the court decide?
Directing defendants to pay Rs. 91,41,779/- along with future interest at 9% p.a. from 14th February, 2022, and granting rights to sell mortgaged properties.
What the court decided
Presented on: 14.02.2022 Registered on: 18.04.2022 Decided on: 06.06.2023 Duration: Y M D 1 3 23
IN THE DEBTS RECOVERY TRIBUNAL AT PUNE (Before Shri Dilip G Murumkar, Presiding Officer) ORIGINAL APPLICATION No.301/2022
Canara Bank,
A Body Corporate constituted under the Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970 having its Head Office at 112 JC Road, Bangalore, in the State of Karnataka and one of its branch offices amongst other places at Bhigwan Road, Baramati, TalukaBaramati, District-Pune known as `Baramati Branch’
… Applicant
Versus
- Jadhav Dairy Farm, A Partnership firm, having their address at-Gat No.473, Shirkemala, Jamdar Vasti, Belwadi, Taluka-Indapur, District-Pune413 104.
- Shri Laxman Suresh Jadhav, Adult, Occ: Agriculture, R/o at-Gat No.473, Shirkemala, Jamdar Vasti, Belwadi, Taluka-Indapur, District-Pune413 104.
- Shri Sarjerao Sadashiv Jadhav, Adult, Occ: Agriculture, R/o at-Gat
(OA No.301/2022)
Parties & counsel
- applicant
Canara Bank
- respondent
Jadhav Dairy Farm
- respondent
Shri Laxman Suresh Jadhav
- respondent
Shri Sarjerao Sadashiv Jadhav
- respondent
Shri Amol Suresh Jadhav
- respondent
Case details
As recorded by the court registry
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