State Bank of India v. Afrin
Case brief
What is this about?
The Tribunal allowed an Original Application for issuance of a Recovery Certificate. The bank proved an NPA loan account, and the defendant remained ex parte. The Court granted recovery with reduced interest at 11.00% p.a. simple.
What did the court decide?
Recovery Certificate for Rs.21,39,458.01 plus 11.00% p.a. simple interest from the date of filing till realization, recoverable personally and against schedule.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL II, KARNATAKA AT BENGALURU
Dated this 22nd Day of May, 2026
Present: Sri. T. RAJESH Presiding Officer
OA. No.1376/2024
BETWEEN:
State Bank of India Branch office at Seethalakshmi Commercial Complex, Shiribeedu Main Road, Udupi District-576101 Rep. by its Chief Manager (Credit & NPA) Sudha Priyadarshini …
… APPLICANT
AND:
Mrs. Afrin W/o. Riyad Ahamed Yakoob Saheb Aged about 36 years Residing at #1-190(1)m, Kodi Road, Irody Sasthana, Brahmavra Taluk, Udupi District – 576226
...DEFENDANT
Counsel on record/appeared for:
Applicant : Sri. Nandish N J Defendant : 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
State Bank of India
- respondent
Afrin
Coram
T. RAJESH
Case details
As recorded by the court registry
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