Canara Bank v. Murali
Case brief
What is this about?
The Tribunal allowed the Original Application filed by Canara Bank for issuance of a Recovery Certificate. The court found the loan documents and mortgage deeds valid, rejecting the defendant's uncorroborated allegations of forgery. Interest was awarded at 8% simple rate.
What did the court decide?
Recovery Certificate issued for Rs. 91,24,884/- with future interest at 8% p.a. simple rates, recoverable from defendants jointly, severally, and personally against scheduled properties.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL II,
BENGALURU
Dated this 30th Day of June, 2026
Present: Sri. T. RAJESH
Presiding Officer
OA.No.1726/2024
BETWEEN:
Canara Bank, Dasarahosahalli Branch, Dasarahosahalli -563115, Bangarpet Taluk, Kolar District, Rep. by its Chief Manager,
…APPLICANT
AND:
- Sri. Murali, S/o. Ramareddy, Residing at No. 7, Cheekuru, Byrakur Post, Mulagabal Taluk, Kolar District -563131.
- Smt. Rekha, W/o. Sri. P. Ravi, Residing at No.6, Ward 31, II Stage, Gowtham Nagar, Robertsonpet, KGF, Kolar District -563122.
Issues for consideration
2 issues framed by the court
Whether the Applicant succeeded in proving the OA claim as against the Defendants?
Whether the Defendant No. 2 successfully proved the allegations of forgery and fabrication of documents?
Parties & counsel
- applicant
Canara Bank, Dasarahosahalli Branch
Coram
T. RAJESH
Case details
As recorded by the court registry
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