Karnataka Bank Limited v. Keerthish Hegde
Case brief
What is this about?
The Tribunal allowed OA No.795/2022 filed by Karnataka Bank Ltd. seeking recovery certification. Defendants appeared ex parte. The Tribunal found claim of Rs. 40,09,586.00 proven and allowed recovery with reduced interest at 12% simple p.a.
What did the court decide?
Recovery Certificate issued for Rs. 40,09,586.00 with interest at 12% p.a. (simple) from filing date, transferable to Recovery Officer for execution against defendants' personal assets and inherited e
What the court decided
A compact analysis
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE DEBTS RECOVERY TRIBUNAL II, KARNATAKA AT BENGALURU
Dated this 24th Day of October, 2025
Present: Sri. T. RAJESH Presiding Officer OA.No.795/2022
BETWEEN:
Karnataka Bank Ltd., Branch at Anugraha, haladi-Hebri Road, Hiliyana G.P., Goliangadi Belve Post, Kundapura Taluk, Udupi- 576212, Represented herein by its Branch Manager-Shri Mohan.
…APPLICANT
AND:
- Shri. Keerthish Hegde, Aged about 35 years, S/o Late. Sudhakar.B, House No.4- 129, Rathi Compound, Pejamangoor, Kokkarna Post, Udupi- 576 213.
And also at, Anand Hotel, Baramathi Road, Near anand Pertol Vunk, Pune- 413 130.
- Shri. Adarsh Hegde, Aged about 40 years, S/o Late. Sudhakar Hegde.B, House No. 1-209/1, Belthadi, Kadoor Post, Kokkarna, Udupi- 576 213.
...DEFENDANTS
Issues for consideration
2 issues framed by the court
Whether the applicant had succeeded in proving the OA claim as against the defendants?
What order are to be passed?
Parties & counsel
- applicant
Karnataka Bank Ltd.
- respondent
Shri. Keerthish Hegde
- respondent
Shri. Adarsh Hegde
Coram
Case details
As recorded by the court registry
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