Uco Bank v. Ujjawala Phadtare
Case brief
What is this about?
Debts Recovery Tribunal allowed the bank's application for recovery of a term loan of Rs.81,57,966/- along with future interest at 9%, securing the decree via the mortgaged agricultural property.
What did the court decide?
Recovery of Rs.81,57,966/- with future interest at 9% p.a. secured by the mortgaged land.
What the court decided
Presented on: 25.07.2022 Registered on: 12.04.2023 Decided on: 18.07.2025 Duration: Y M D 02 11 23
IN THE DEBTS RECOVERY TRIBUNAL AT PUNE. (Before Shri Dilip G. Murumkar, Presiding Officer) ORIGINAL APPLICATION No.463/2023.
UCO Bank ,
A Corporate Body constituted under the Banking Companies (Acquisition and Transfer of Undertakings) Act 1970, having its Head Office at – 10, B.T.M. Sarani, Kolkata and branch amongst other places at Market Yard, Indapur Road, Baramati, Taluka-Baramati, District Pune.
… Applicant
Versus
- Sou. Ujjawala Uttam Phadtare Adult, Occ.:- Agriculture
- Mr. Uttam Sahebrao Phadtare Age: Adult, Occ.- Agriculture, R/at Post Kalamb, Walchandnagar, Taluka Indapur, District 413 114.
… Defendants
APPEARANCES
For the Applicant Mr. R.B.Ganbote - Advocate For the Defendants Ex-parte. TOTAL CLAIM AMOUNT –Rs.81,57,966/-.
Parties & counsel
- applicant
UCO Bank
- respondent
Sou. Ujjawala Uttam Phadtare
- respondent
Mr. Uttam Sahebrao Phadtare
Coram
Case details
As recorded by the court registry
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