Bank of Maharashtra v. Uma
Case brief
What is this about?
Debts Recovery Tribunal allowed an application for issuance of a Recovery Certificate against defendants for loan defaults, granting reduced simple interest of 8% despite uncontradicted applicant evidence.
What did the court decide?
Recovery Certificate issued for aggregate Rs. 66,06,368/- with further interest @ reduced simple rates from date of filing till realization, enforceable against respondents jointly and severally.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL II, KARNATAKA AT BENGALURU
Dated this 29th Day of May, 2026
Present: Sri. T. RAJESH Presiding Officer OA.No.1855/2024
BETWEEN:
Bank of Maharashtra Branch office at: 1st floor, no. 15, Police station road, Basavanagudi, Bangalore – 560 004
Represented by Chief Manager
Mr. Nishit Chandra …APPLICANT
AND:
- Mrs. Uma Renukappa W/o. Renukappa Aged about 50 years
- Mr. Vinod R S/o. Renukappa Aged about 29 years Both are R/at: No. 202, shop no. 06, M M Chembar Deshmukh Road, Tilakwadi, Belgaum – 590 006
- M/s. new Bengaluru Fruit sales And fruit juice Centre Represented its proprietor Mrs. Uma Renukappa W/o. Renukappa Aged about 50 years Shop no. 1581, Maruti galli, Belagavi – 590 002 ...DEFENDANTS
Issues for consideration
2 issues framed by the court
Whether the applicant succeeded in proving the OA claim as against the defendants?
What order are to be passed?
Parties & counsel
- applicant
Bank of Maharashtra
- respondent
Uma Renukappa
- respondent
Vinod R
- respondent
M/s. new Bengaluru Fruit sales And fruit juice Centre
Coram
Case details
As recorded by the court registry
Similar cases
Judgements on the same questions, provisions and authorities, from every court