Union Bank of India v. Vimala
Case brief
What is this about?
In an exparte application for issuance of a Recovery Certificate under the RDB Act, the Tribunal allowed the bank's claim for outstanding dues along with principal, interest at 6%, and costs.
What did the court decide?
Recovery Certificate issued for Rs. 1,27,77,319.80 plus 6% p.a. simple interest from the date of filing; costs awarded.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL II, KARNATAKA AT BENGALURU
Dated this 24th Day of June, 2026
Present: Sri. T. RAJESH Presiding Officer
OA.No.152/2023
BETWEEN:
Union Bank of India Channapatna Branch, No.2191/4-10, B.M. Road, Kuvempunagara District-562160. Represented by its Senior Manager, Mr. Ravi Ranjan.
…APPLICANT
AND:
- Mrs. T. R. Vimala, W/o T.K. Raju, Aged about 70 years, R/at: No. 98, Thittamaranahalli Village Channapatana Taluk, Ramanagara-562160.
- Mr. T.R. Umashnakar, S/o T.K. Raju, Aged about 45 years, R/at: No. 98, Thittamaranahalli Village Channapatana Taluk, Ramanagara-562160.
- Mrs. T.R. Swetha, C/o T.R Umashankar, R/at: No. 98, Thittamaranahalli Village Channapatana Taluk, Ramanagara-562160. . ..DEFENDANTS
Issues for consideration
2 issues framed by the court
Whether the applicant had succeeded in proving the OA claim as against the defendants?
Whether any order may be passed in view of the evidence on record?
Parties & counsel
- applicant
Union Bank of India Channapatna Branch
- respondent
Mrs. T. R. Vimala
- respondent
Mr. T.R. Umashnakar
- respondent
Mrs. T.R. Swetha
Coram
Case details
As recorded by the court registry
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