Canara Bank v. Bibijan
Case brief
What is this about?
The Tribunal allowed an Original Application for a recovery certificate against a defendant who failed to appear. The court reduced the agreed interest rate from the original claim to 6% p.a., permitting recovery from the defendant's properties and personal assets.
What did the court decide?
Issuance of Recovery Certificate for Rs.32,60,376 with 6% p.a. simple interest, recoverable from defendant's properties and personal 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.1427/2022
BETWEEN:
Canara Bank Branch office at: Bhoomreddy Complex, Ron Road, Gajendragad, Gadag – 582114, Rep. by Senior Manager Mr. Rahul Kapoor … APPLICANT
AND:
Smt. Bibijan W/o. Syed Isaqmulla Aged about 62 years R/o. Yelburti Village, Kushtagi Taluk, Koppal District-583277 ...DEFENDANT
Counsel on record/appeared for:
Applicant : Sri. Naveen Tao Defendants : Exparte
:FINAL ORDER:
- The present Original Application in short (OA) has been filed
Issues for consideration
2 issues framed by the court
Whether the applicant succeeded in proving the OA claim against the defendant in her default?
What order shall be passed regarding the recovery of the claimed amount?
Parties & counsel
- applicant
Canara Bank
Coram
T. RAJESH
Case details
As recorded by the court registry
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