Canara Bank v. Ningappa
Case brief
What is this about?
Debts Recovery Tribunal allowed the bank's original application for a recovery certificate against the defaulting borrower. The claim was unrebutted due to the defendant's absence. The Tribunal reduced the interest rate to 6% simple interest.
What did the court decide?
Recovery certificate for Rs.59,19,555.03 with 6% simple interest allowed; defendant and schedule property liable for recovery.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL II, KARNATAKA AT BENGALURU
Dated this 19th Day of September, 2025
Present: Sri. T. RAJESH Presiding Officer
OA. No.809/2024
BETWEEN:
Canara Bank Having its head office at 112, J.C. Road, Bangalore and branches amongst others, one at Janata Bazar building, super market complex, Kalaburgi – 585101 Rep. by Senior Manager Mr. Satwant Singh … APPLICANT
AND:
Mr. Ningappa S/o. Saibanna Aged about 60 years R/o. Devantgi Village, Aland Taluk, Kalaburgi District-585302 ...DEFENDANT
Counsel on record/appeared for:
Applicant : Sri. Naveen Tao Defendants : Exparte
:FINAL ORDER:
Issues for consideration
2 issues framed by the court
Whether the applicant had succeeded in proving the OA claim as against the defendant?
What order are to be passed?
Parties & counsel
- applicant
Canara Bank
Coram
T. RAJESH
Case details
As recorded by the court registry
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