Canara Bank v. Muralidhar H
Case brief
What is this about?
In an exparte recovery application, the Tribunal allowed the bank's claim for recovery from legal heirs. It reduced interest to 6% p.a. and granted a recovery certificate covering the principal amount and reduced dues.
What did the court decide?
Issued a Recovery Certificate for Rs.25,72,647/- with 6% p.a. simple interest recoverable from defendants personally and from the registered mortgage/hypothecated properties.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL II, BENGALURU
Dated this 29th Day of August, 2025
Present: Sri. T. RAJESH
Presiding Officer OA.No.1247/2022
BETWEEN:
Canara Bank Branch Office at: Sira, Sira Taluk- 572137 Tumakuru District …APPLICANT
AND:
- Sri. Muralidhar H.
- S/o Late H. Honneshappa
- Sri. H. Harish
S/o Late H. Honneshappa Both are R/at: Javanahalli Village, Kasaba Hobli, Sira Taluk, Tumakuru District-572137 ...DEFENDANTS
Counsel on record/appeared for:
Issues for consideration
2 issues framed by the court
Whether the applicant succeeded in proving the claim against the defendants?
What order are to be passed regarding issuance of recovery certificate?
Parties & counsel
- applicant
Canara Bank Branch Office at Sira
Coram
T. RAJESH
Case details
As recorded by the court registry
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