Canara Bank v. Manjula
Case brief
What is this about?
Debts Recovery Tribunal allowed an application seeking a recovery certificate for agricultural loans defaulted by respondents. The court fixed interest at 6% p.a. simple and directed proceeds of mortgage properties to cover the dues.
What did the court decide?
Issuance of Recovery Certificate for Rs.48.93 Lakh with 6% simple interest; enforcement against mortgaged properties and personal assets of respondents.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL II, KARNATAKA AT BENGALURU
Dated this 24th Day of October, 2025
Present: Sri. T. RAJESH Presiding Officer
OA. No.1680/2023
BETWEEN:
Canara Bank Karehalli Branch, Tiptur Road, Channarayapatna Taluk, Hassan District – 573131 Rep. by Senior Manager Mr. Bindukumar N
… APPLICANT
AND:
- Smt. Manjula @ Manjulamma W/o. Late K.B. Rajanna Aged about 68 years,
- Mr. Shashidhara S/o. Late K.B. Rajanna Aged about 46 years,
- Mr. Kiran Kumar S/o. Late K.B. Rajanna Aged about 44 years,
- Mr. Rohith S/o. Late K.B. Rajanna Aged about 41 years
Issues for consideration
2 issues framed by the court
Whether the applicant proved its OA claim as against the defendants?
Whether the OA claim is liable to be allowed?
Parties & counsel
- applicant
Canara Bank Karehalli Branch, Tiptur Road, Channarayapatna Taluk, Hassan District
- respondent
Smt. Manjula @ Manjulamma W/o. Late K.B. Rajanna
- respondent
Mr. Shashidhara S/o. Late K.B. Rajanna
- respondent
Mr. Kiran Kumar S/o. Late K.B. Rajanna
- respondent
Mr. Rohith S/o. Late K.B. Rajanna
Case details
As recorded by the court registry
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