Canara Bank v. Dasaiah
Case brief
What is this about?
The Debt Recovery Tribunal allowed the applicant bank's Original Application. The deceased borrower and legal heirs failed to appear, and the claim was uncontroverted. The Tribunal awarded recovery of the principal amount with reduced simple interest at 6% p.a.
What did the court decide?
Recovery Certificate drawn with aggregate sum of Rs. 44,39,250/- and interest at 6% p.a. simple; recovery from co-borrower and legal heirs' estate.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL II, KARNATAKA AT BENGALURU
Dated this 27th Day of November, 2025
Present: Sri. T. RAJESH
Presiding Officer
OA. No.680/2023
BETWEEN:
Canara Bank Channarayapatna Branch Mysuru Road, Channarayapatna Dist Hassan - 573 116 Through its Chief Manager Mr. Chandrashekhara Patil … APPLICANT
AND:
- Mr. Dasaiah S/o. Krishnaiah
Since deceased through his legal heirs Aged about: 78 years (a) Mrs. Ningamma, W/o. Dasaiah Having address at: Somanathanahalli village Dandiganahalli Hobli, Channarayapatna Taluk Dist. Hassan, Karnataka 573 116
- Mr. Jayalakshmi S/o. Dasaiah Aged about: 48 years Having address at: Somanathanahalli village Dandiganahalli Hobli, Channarayapatna Taluk Dist. Hassan, Karnataka 573 116
Issues for consideration
2 issues framed by the court
Whether the applicant succeeded in proving the OA claim as against the defendants?
What order are to be passed?
Parties & counsel
- applicant
Canara Bank Channarayapatna Branch Mysuru Road
- respondent
Mrs. Ningamma
- respondent
Mr. Jayalakshmi
- respondent
Smt. Vanajakshi
Coram
Case details
As recorded by the court registry
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