Canara Bank v. Suraj Patil
Case brief
What is this about?
Debts Recovery Tribunal allowed recovery application filed by Canara Bank against Suraj Patil for loan defaults. Court modulated future interest rates and granted possession of mortgaged property.
What did the court decide?
Defendant to pay Rs. 2,40,00,536/- for OD account, Rs. 33,53,967/- for Housing Loan, and Rs. 12,33,309/- for FITL with modified future interest rates; bank entitled to sell mortgaged property; Recover
What the court decided
| Presented on | : 21.10.2021 |
|---|---|
| Registered on | : 17.02.2022 |
| Decided on | : 27.11.2024 |
| Duration | : Y M D |
| 03 01 06 |
IN THE DEBTS RECOVERY TRIBUNAL AT PUNE (Before Shri Dilip G Murumkar, Presiding Officer) ORIGINAL APPLICATION No. 98/2022.
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 and branch office at 1259, Renuka Complex, 1st Floor, J.M. Road, Pune 411 004.
.. Applicant
Versus
Mr. Suraj Tatyaso Patil, Age 33 years, Occ. Business, R/at : (A) Flat No. 302, 3rd floor, Kartiki Classic, Sr. No. 59, Kondhwa, Pune 411 048. Also at (B) C/0 Tatyaso Patil, Near Mahavir Jain Mandir, Samboli, Sangali 416416.
.. Defendant
APPEARANCES
| For Applicant | Advocate Veena C Kori. |
|---|---|
| For Defendant | Advocate Subhod Shah. |
Parties & counsel
- applicant
Canara Bank
Coram
Dilip G Murumkar
Case details
As recorded by the court registry
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