Union Bank of India v. Suresh
Case brief
What is this about?
Bank filed Original Application under RDB Act for recovery certificate against defaulter on housing loan. Tribunal allowed application after defendant appeared ex parte, reducing interest to 8% simple.
What did the court decide?
Recovery certificate to be drawn for Rs. 74,12,651.60 plus interest at 8% simple from filing date, recoverable from defendant personally or by sale of schedule properties.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL II, KARNATAKA AT BENGALURU
Dated this 27th Day of November, 2025
Present: Sri. T. RAJESH Presiding Officer
OA.No.1593/2023
BETWEEN:
Union Bank of India Head office at: No. 239, Vidhan Bhavan Marg, Nariman point, Mumbai – 400 021 Branches at: No. 2/3, raja building, NR road, Bengaluru – 560 001 …APPLICANT
AND:
Sri. G M Suresh S/o. Malleshappa Thimmappa Golla Aged about 46 years R/at: #34, MM layout, Near Janapriya Apartment, Chikkabanavara Post, Bengaluru – 560 090
And also at: #35, 2nd Floor, Commercial Block No. 34, Ereka Junction, Tb Road, Near Sangeetha Theater, Deshpande Nagar, Hobli, Dharwad, Karnataka – 580 029
And also at: #C/o. Malleshappa G Plot No. 47, 1st Floor, Huralikuppi Building, Gokul Road, 1st Floor, Silver Town, Hubli Udyamnagar, Dharwad – 580 030
Issues for consideration
2 issues framed by the court
Whether the applicant had succeeded in proving the OA claim as against the defendant?
What order are to be passed?
Parties & counsel
- applicant
Union Bank of India
Coram
T. RAJESH
Case details
As recorded by the court registry
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