Canara Bank v. Hemanth
Case brief
What is this about?
The DRT, Karnataka allowed the original application for a Recovery Certificate against a defaulting borrower. The TRIBUNAL fixed interest at 8% p.a. while granting the bank recovery of the principal and statutory interest from the filing date.
What did the court decide?
Recovery of Rs. 25,58,351/- plus interest at 11% p.a. from filing date; personal liability upheld; Recovery Certificate issued.
What the court decided
THE DEBTS RECOVERY TRIBUNAL II, KARNATAKA AT BENGALURU
Dated this 24th Day of February, 2026
Present: Sri. T. RAJESH Presiding Officer
OA. No.1103/2025
BETWEEN:
Canara Bank Having branch at Basavani, Shimoga District, Rep. by its Branch Manager
… APPLICANT
AND:
Hemanth H N Aged about 29 years S/o. Natarajan H C Nenangai, Basavani Post, Thirthalli Taluk, Shimoga-577432
Alos at: No.2027, 3rd main road, 7th Cross, West of Chord Road, 2nd Phase, Manjunath Nagar, Bengaluru - 560010
...DEFENDANT
Counsel on record/appeared for:
Issues for consideration
2 issues framed by the court
Whether the applicant succeeded in proving the claim against the defendant?
What order is to be passed on the Recovery Certificate application?
Parties & counsel
- applicant
Canara Bank
Coram
T. RAJESH
Case details
As recorded by the court registry
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