Canara Bank v. Amrith Shenoy P
Case brief
What is this about?
DRT allowed the application by Canara Bank for a Recovery Certificate against two defaulting borrowers of a housing loan, fixing interest at 8% simple p.a. pending further execution.
What did the court decide?
Recovery Certificate for Rs. 20,96,994 with 8% simple interest recoverable from defendants jointly, severally and personally or from sale of schedule property.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL II, KARNATAKA AT BENGALURU
Dated this 29th Day of August, 2025
Present: Sri. T. RAJESH Presiding Officer
OA.No.991/2023
BETWEEN:
Canara Bank, Founders Branch, Mukund Nivas, K.M. Marg Udupi- 576101, Represented by: Its Senior manager, Smt Sujatha Udupikar.
…APPLICANT
AND:
- Mr. Amrith Shenoy. P, S/o Ananth Shenoy, R/at: 6-2-137B, PPC Road, Volakad Ranganath Shenoy Compound, Udupi, Karnataka- 576101.
- Mr. Jochim Vijay.D, S/o Thomas D Souza, Major R/at: Shalom, Near H T Co, Chitpody Udupi Taluk, Udupi District- 576101. ...DEFENDANTS
Counsel on record/appeared for:
Issues for consideration
2 issues framed by the court
Whether the applicant succeeded in proving the OA claim as against the defendants?
What order is to be passed?
Parties & counsel
- applicant
Canara Bank
- respondent
Mr. Amrith Shenoy
- respondent
Mr. Jochim Vijay.D
Coram
Case details
As recorded by the court registry
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