Canara Bank v. J Nagendra
Case brief
What is this about?
Debt Recovery Tribunal allowed Original Application No.23/2023 filed by Canara Bank. The court found the claim uncontroverted and unexempted due to defendant's absence. Recovery certificate was issued for Rs. 23.6 lakh with reduced interest at 6% per annum.
What did the court decide?
Recovery Certificate issued for Rs. 23,60,453.00 with interest at 6% p.a. (simple) from filing date till realization; recovery from personal assets and schedule properties permitted.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL II, KARNATAKA AT BENGALURU
Dated this 31st Day of December, 2025
Present: Sri. T. RAJESH Presiding Officer
OA.No.23/2023
BETWEEN:
Canara Bank, Kollegala Branch- 000795, P.B. No. 14, Atchams Mansion, 7-4-34, Southern Extn Road, Kollegala- 571440, Chamrajanagar District, Represented by its Chief Manager, Sri. D. Vijayasekar, S/o S. Dorairaj. …APPLICANT
AND:
Sri. J. Nagendra, S/o L Jagadisha, Aged about 34 years, R/at. 4/371, Marigudi Street, Hannur Village, Kollegal Taluk, Chamarajanagar District- 571440.
...DEFENDANT
Counsel on record/appeared for:
Applicant : Nandish N J Defendant : EXPARTE
Issues for consideration
2 issues framed by the court
Whether the applicant successfully proved the OA claim as against the defendant?
What order are to be passed regarding the recovery certificate and interest rate?
Parties & counsel
- applicant
Canara Bank, Kollegala Branch
Coram
T. RAJESH
Case details
As recorded by the court registry
All orders in this case
2 orders share this CNR
- Order 1 · P.o
- Order 2 — this page · P.o
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