Canara Bank v. Megha Bose
Case brief
What is this about?
Debts Recovery Tribunal allowed the ex-parte application of Canara Bank for recovery of term loan and interest defaulted by the respondent, holding her jointly and severally liable.
What did the court decide?
Recovery of Rs. 24,06,245/- with pendente lite and future interest; debarment of property alienation; 30 days repayment period; certificate of recovery issued.
What the court decided
BEFORE THE DEBTS RECOVERY TRIBUNAL-III KOLKATA PRESENT | - SRI KAMAL DE
PRESTDING OFFICER
O.A. No. 386 of 2023
DATE OF DELIVERY OF oRDER | 9/1212024
CANARA BANK is a body corporate constituted under the Banking Compantes (Acquisition and Transfer of Undertakings) Act, 1970, having its Head Office at 112, J. C. Road, Bangalore - 560002 and at a material time it carried on and carrytng on its banking business from its Branch Office at 17, Tarun Sengupta Sarani, Italgacha Road, P.O, Italgacha,p.S, Dum Dum, North 24 parganas, Kolkata _ 7OOO28, commonly known as Dum Dum - II Branch, hereinafter referred as the,,Applicant Bank", within the jurisdiction of this Ld Trjbunal.
Applicant Bank
Versus -
-l
[egha Bose, Proprtetor of M/s Ftegha Fashion, Daughter of Shri Arabinda Bose, Unit - 512. 5th Floor, The Terminus Bujlding, Rajarhat, New Town. Kotkata _ 700065
Defendant
Counsel for the Applicant Bank:
Issues for consideration
1 issue framed by the court
Whether the Applicant Bank is entitled to the claim made in the OA against the Defendants and the OA schedule properties as prayed for?
Parties & counsel
- applicant
Canara Bank
- respondent
Megha Bose (Representing dependency of Ftegha Fashion)
Coram
Kamal De
Case details
As recorded by the court registry
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