Canara Bank v. Siddesha
Case brief
What is this about?
The Debts Recovery Tribunal allowed an Original Application filed by Canara Bank seeking a Recovery Certificate of Rs. 50.38 lakhs against four defendants who were in exparte for defaulting on KCC and Tractor loans.
What did the court decide?
Recovery Certificate issued for Rs. 4,83,960.00 (KCC) and Rs. 45,54,927.00 (Tractor) with 6% annual interest, recoverable from defendants personally and via schedule properties.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL II, KARNATAKA AT BENGALURU
Dated this 19th Day of November, 2025
Present: Sri. T. RAJESH Presiding Officer
OA.No.539/2024
BETWEEN:
Canara Bank, Branch Offices called, Hassan Main Branch, at NR Pura Road, Hassan City, Hassan Taluk, Hassan District- 573 201, Represented by its Senior Manager, Sri. Hanumanthappa H.
…APPLICANT
AND:
- Sri. Siddesha, S/o Siddaiah, Aged about 52 years.
- Ms. Sneha, D/o Siddesha, Aged about 21 years.
- Ms. Sahana, D/o Siddesha, Aged about 20 years.
- Mr. Shravan, S/o. Siddesha, Aged about 19 years,
Issues for consideration
2 issues framed by the court
Whether the applicant succeeded in proving the Original Application claim against the defendants in their absence?
What order should be passed granting the recovery certificate?
Parties & counsel
- applicant
Canara Bank, Branch Offices called, Hassan Main Branch, at NR Pura Road, Hassan City, Hassan Taluk, Hassan District- 573 201, Represented by its Senior Manager,
Coram
T. RAJESH
Case details
As recorded by the court registry
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