Canara Bank v. Chengappa Sm
Case brief
What is this about?
DRT allowed an Original Application by Canara Bank for a Recovery Certificate against defendants who failed to appear. The Tribunal reduced the interest rate to 12% simple per annum and granted costs.
What did the court decide?
Recovery Certificate issued for Rs.27,52,694.07 with 12% p.a. simple interest; defendants liable to bank to the extent of inheritance.
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.1553/2024
BETWEEN:
Canara Bank Thithimathi Branch, Main Road, Thithimathi, Taluk Ponnampet, Dist. Kodagu- 571254 Through its Manager Smt. Shamseena PP
… APPLICANT
AND:
Mr. Chenagappa S.M. Since deceased through his legal heirs
- (a) Smt. S.C. Bojamma W/o. Late S.M. Chenagappa
- (b) Smt. Hamshika Gowramma S.C. D/o. Late S.M. Chenagappa
- (c) Smt. Ashika Muthamma S.C. D/o. Late S.M. Chenagappa
Issues for consideration
2 issues framed by the court
Whether the applicant had succeeded in proving the OA claim as against the defendants?
What order are to be passed?
Parties & counsel
- applicant
Canara Bank Thithimathi Branch
- respondent
Smt. S.C. Bojamma
- respondent
Smt. Hamshika Gowramma S.C.
- respondent
Smt. Ashika Muthamma S.C.
- respondent
Mr. Yathik Aiyappa S.C.
Case details
As recorded by the court registry
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