Canara Bank v. Bopanna
Case brief
What is this about?
The Tribunal allowed the applicant bank's application for issuance of a Recovery Certificate under the RDB Act. The defendant was absent, making the case ex-parte. Interest was reduced to 6% p.a. due to agricultural loan purpose.
What did the court decide?
Issuance of Recovery Certificate for Rs. 87,12,368.43 with interest at 6% p.a. (simple) from the filing date until realization.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL II, BENGALURU
Dated this 30th Day of October, 2025
Present: Sri. T. RAJESH Presiding Officer OA.No.1773/2023
BETWEEN:
Canara Bank Branch office at: Birunani Branch, Kodugu District,
…APPLICANT
AND:
Mr. K.B. Bopanna S/o. Belleappa K.M Kalakoor Village, Birunani Post, Hudikeri Hobli, Ponnampet Taluq, Kodagu District, Karnataka- 571249
...DEFENDANT
Counsel on record/appeared for:
Applicant : Manik B T Thiru & Thiru Advocates Defendants : Exparte
FINAL ORDER
Issues for consideration
2 issues framed by the court
Whether the applicant succeeded in proving the OA claim as against the defendant?
What order are to be passed regarding the recovery of the debt?
Parties & counsel
- applicant
Canara Bank
Coram
T. RAJESH
Case details
As recorded by the court registry
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