Canara Bank v. Swapnil
Case brief
What is this about?
Debts Recovery Tribunal decreed an original application filed by Canara Bank for recovery of a loan outstanding from two individual borrowers who failed to file a written statement on time. The bank's claim was uncontroverted.
What did the court decide?
Decree passed for Rs. 45,61,969/- with 8% simple interest; additional relief includes attachment of properties and issue of Recovery Certificate.
What the court decided
Presented on: 18/04/2022 Registered on: 25/08/2022 Decided on: 18/04/2024 Duration: Y. M. D. 2 – 0 - 0
IN THE DEBTS RECOVERY TRIBUNAL, at Aurangabad
(Sr. No. 14) Original Application No. 359 of 2022
Claim : Recovery of Rs. 45,61,969/-
Canara Bank,
a body corporate constituted under the banking Companies Acquisition and 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 Main Road, Shrigonda Tal. Shrigonda Dist. Ahemadnagar 413701 through its Power of Attorney Holder Shri Kedareshwar Mohapatra IFSC Code No. CNRB0002568
… Applicant
Versus
- 1 Mr Swapnil Jijaba Rode, adult, occup. agri. R/o Janglewadi Tal. Shrigonda Dist. Ahemadnagar – 413701
- 2 Mr Jijaba Bapu Rode, adult, occup. agri. R/o Janglewadi Tal. Shrigonda Dist. Ahemadnagar – 413701
- …Defendants
Parties & counsel
- applicant
Canara Bank
- respondent
Mr Swapnil Jijaba Rode
- respondent
Mr Jijaba Bapu Rode
Coram
Case details
As recorded by the court registry
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