Canara Bank v. Denanaika
Case brief
What is this about?
In Debts Recovery Tribunal II, Bengaluru, the Tribunal allowed the bank application for recovery certificate against absent defendants. It modified the interest rate to 6% simple for an agricultural farm machinery loan claim.
What did the court decide?
Issuance of Recovery Certificate for Rs. 29,92,650/- plus 6% simple interest from filing date, recoverable from properties and assets.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL II, KARNATAKA AT BENGALURU
Dated this 25th Day of November, 2025
Present: Sri. T. RAJESH Presiding Officer OA.No.1116/2022
BETWEEN:
Canara Bank Head office at: No.112, JC road, Bengaluru
Having Branch at: Chikkanayakanahalli Branch, Chikkanayakanahalli Taluk, Tumakuru District
Represented by Senior Manager
Sri. Shylesh D P …APPLICANT
AND:
- Sri. Denanaika S/o. late Hanumanaika Aged about 78 years
- Smt. Laxmibai W/o. Denanaika Aged about 71 years
- Sri. Rajanaika S/o. Denanaika Aged about 35 years
Issues for consideration
2 issues framed by the court
Whether the applicant succeeded in proving the claim as against the defendants?
What order is to be passed regarding the recovery of the debt?
Parties & counsel
- applicant
Canara Bank
- respondent
Sri. Denanaika S/o. late Hanumanaika
- respondent
Smt. Laxmibai W/o. Denanaika
- respondent
Sri. Rajanaika S/o. Denanaika
Coram
Case details
As recorded by the court registry
All orders in this case
2 orders share this CNR
- Order 1 · P.o
- Order 2 — this page · P.o
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