Canara Bank v. Umesh C
Case brief
What is this about?
Debts Recovery Tribunal allowed an Original Application for a Recovery Certificate. The defendant failed to appear, and the bank proved loan avulsion and defaults via uncontroverted documentary evidence. The Tribunal awarded the principal amount with reduced interest at 12% simple.
What did the court decide?
Recovery of Rs. 37,55,046/- with 12% p.a. simple interest; issuance of Recovery Certificate for execution.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL II, KARNATAKA AT BENGALURU
Dated this 27th Day of August, 2026
Present: Sri. T. RAJESH Presiding Officer
OA.No.1013/2024
BETWEEN:
Canara Bank Alageri Mandri Branch, Hosanagara Taluk, Shivamoga District-577412, Represented by its Manager, Sri. Kumaraswamy B.
…APPLICANT
AND:
Sri. Umesh C S/o Sri Chandrashekar Aged about 36 years, Residing at Hosahalli, Kodur Post, Hosanagara Taluk, Shivmoiga District.
...DEFENDANTS
Counsel on record/appeared for:
Applicant : K. Ashwathanarayana Defendants : Exparte
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 Alageri Mandri Branch
Coram
T. RAJESH
Case details
As recorded by the court registry
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