M/s.Canara Bank, v. Mr.M.Ramesh
Case brief
What is this about?
DRT allowed the recovery application filed by Canara Bank seeking recovery of amount due against defendants who failed to repay housing loan. Court confirmed time award claim as proved and admissible.
What did the court decide?
Recovery certificate issued for Rs.56,12,879.20 with interest at 9.6% p.a.; mortgaged property to be sold.
What the court decided
IN THE DEBT RECOVERY TRIBUNAL –II CHENNAI
Dated this 6th day of February, 2024
PRESENT: SHRI T.RAJESH
PRESIDING OFFICER
T.A.No.249 of 2022
(Old OA.No.113/2022-DRT-I, Chennai)
M/s.Canara Bank, Arumbakkam Branch, 41/49, Main Road, Janakiraman Colony, Arumbakkam, Chennai – 600 106. Rep. by its Manager. IFSC Code CNRB0016044. … Applicant.
Vs.
- Mr.M.Ramesh, S/o.Muthu, No.14/10, 9th Street, Jai Nagar, Arumbakkam, Chennai – 600 106. Pan No.AUIPR4955K.
- Mrs.R.Jayanthi, W/o.M.Ramesh, No.14/10, 9th Street, Jai Nagar, Arumbakkam, Chennai – 600 106. … Defendants. Counsel for Applicant : M/s.V.Jayanandakumar. Defendants : Exparte.
ORDER
Issues for consideration
2 issues framed by the court
Whether the applicant had proved the time award claim?
What orders are to be passed in favor of the applicant?
Parties & counsel
- applicant
M/s.Canara Bank
Coram
T.RAJESH
Case details
As recorded by the court registry
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