Canara Bank v. Mohan
Case brief
What is this about?
The Debt Recovery Tribunal allowed the Applicant Bank's original application for recovery of a housing loan default. The court decreed the principal sum with future interest and directed the sale of mortgaged property to recover dues.
What did the court decide?
Decree for Rs.25,73,441/- with future interest at 7.45% p.a.; direction to sell mortgaged property; issuance of recovery certificate.
What the court decided
Presented on: 10.01.2022 Registered on: 06.06.2022 Decided on: 19.07.2025 Duration: Y M D 03 06 09
IN THE DEBTS RECOVERY TRIBUNAL AT PUNE (Before Shri Dilip G. Murumkar, Presiding Officer) ORIGINAL APPLICATION No.507/2022.
CANARA BANK ,
A Body corporate constituted under the Banking Companies Acquisition and Transfer of Undertakings Act, 1970 having its Head Office at- Shubham Arcade, Ram Mandir Chowk, Taluka Miraj, District Sangli-416 416.
… Applicant
Versus
1. Mr. Mohan Jayram Patil
2. Mr. Akshay Mohan Patil Both R/at 262, Patil Galli, Kisan Chowk, Sangliwadi, Tal.Miraj, Sangli-416 416.
3. Mr. Raosaheb Kashinath Sokate R/at 712/B, Matang Vasahat, Sangliwadi, Taluka Miraj, District Sangli 416 416.
… Defendants
APPEARANCES
Parties & counsel
- applicant
Canara Bank
- respondent
Mr. Mohan Jayram Patil
- respondent
Mr. Akshay Mohan Patil
- respondent
Mr. Raosaheb Kashinath Sokate
Coram
Case details
As recorded by the court registry
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