Canara Bank v. Karam Singh
Case brief
What is this about?
This order by the Drt-I Chandigarh allows the Bank's application for recovery of Rs 50,65,062/+ interest against respondents who failed to appear in an ex parte proceeding after proving the loan facility and mortgage.
What did the court decide?
The application for recovery of Rs 50,65,062/ with interest allowed. A recovery certificate was issued.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
BEFORE: A S NARANG, PRESIDING OFFICER
OA No: 241 of 2022 Date of Institution: 31.12.2021 Date of Decision: 25.03.2026
Canara Bank having its branches all over India and a branch at Jubilee Cinema Chowk, Faridkot, Punjab.
……..Applicant
Vs.
- Karam Singh s/o SH. Harbans Singh r/o Village Buttar Momara, Tehsil and District Fairdkot, Punjab.
- Jaskaran Singh s/o Sh. Karam Singh r/o Village Buttar Momara, Tehsil and District Fairdkot, Punjab.
- Avtar Singh s/o Bagicha Singh r/o Village Buttar Momara, Tehsil and District Fairdkot, Punjab.
……….Defendants
Advocates
Issues for consideration
2 issues framed by the court
Whether the bank has discharged the burden of proving the loan and outstanding dues against the respondents.
Whether respondents are liable for recovery of the debt amount with interest.
Parties & counsel
- applicant
Canara Bank
- respondent
Karam Singh
- respondent
Jaskaran Singh
- respondent
Avtar Singh
Coram
Case details
As recorded by the court registry
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