Canara Bank v. v. Dayanand
Case brief
What is this about?
Original Application for recovery certificate allowed. Tribunal awarded sum of Rs. 78,29,938/- plus 12% simple interest against defaulting loan account holder, permitting recovery from personal assets and scheduled property.
What did the court decide?
Recovery Certificate drawn for Rs. 78,29,938/- with 12% simple interest; recovery from personal assets and scheduled property; Interim injunction made absolute.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL II, KARNATAKA AT BENGALURU
Dated this 28th Day of October, 2025
Present: Sri. T. RAJESH Presiding Officer
OA.No.64/2024
BETWEEN:
Canara Bank, Sheshadripuram Shivamogga Branch, Sri. Vishwotthama Complex, Balaraj Urs Road, Shivamogga, Karnataka- 577201, Represented by its Chief Manager, Sri. Nagaraja Kengannavar, Son of Sri Honnappa, Aged about 42 years.
…APPLICANT
AND:
Sri V Dayanand, Son of Sri Venkatasubbaiah, Aged about 60 years, House No. 31, Susheela Nilaya, Contractors Colony, Jog- Kargal, Sagara Taluk, Shivamogga District- 577 421.
...DEFENDANT
Counsel on record/appeared for:
Issues for consideration
2 issues framed by the court
Whether the applicant succeeded in proving the OA claim against the defendant?
What order is to be passed regarding the recovery certificate?
Parties & counsel
- applicant
Canara Bank, Sheshadripuram Shivamogga Branch
Coram
T. RAJESH
Case details
As recorded by the court registry
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