Canara Bank v. Umesh Chandra
Case brief
What is this about?
DRT allowed original application for issuance of Recovery Certificate against borrowers and heirs. Court reduced interest rate to 6% p.a. after finding evidence uncontroverted due to default appearances of respondents.
What did the court decide?
Recovery Certificate granted for Rs.31,43,831/- plus 6% p.a. simple interest; execution allowed against scheduled property and other assets.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL II, BENGALURU
Dated this 28th Day of October, 2025
Present: Sri. T. RAJESH Presiding Officer OA.No.854/2023
BETWEEN:
Canara Bank Hassan Main-1 P.O. NO.45, Near Narasimharaja, Circle, Mallnad house, Hassan- 573201
…APPLICANT
AND:
- Sri. Umesh Chandra S/o late Honne Gowda
- Yadunandan S/o. Late Honne Gowda
- Swaramma D/o. Late Honne Gowda
- Parvathamma W/o. Late Honne Gowda
All Defendants 1 to 4 R/at: Muttati Village, Dudda Post, Hassan- 573212
Issues for consideration
2 issues framed by the court
Whether the applicant had succeeded in proving the claim as against the defendant.
What order are to be passed regarding the issuance of Recovery Certificate.
Parties & counsel
- applicant
Canara Bank Hassan Main-1
- respondent
Umesh Chandra
- respondent
Yadunandan
- respondent
Swaramma
- respondent
Parvathamma
Case details
As recorded by the court registry
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