Canara Bank v. Marigoudar
Case brief
What is this about?
The Tribunal allowed an Original Application filed under Section 19 of the RDB Act. It issued a Recovery Certificate for Rs. 20,70,142.32 with reduced interest at 6% p.a., permitting recovery from the defendant's person and schedule property.
What did the court decide?
Recovery Certificate for Rs. 20,70,142.32 at 6% p.a. interest from date of filing, recoverable from defendant personally and schedule property.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL II, KARNATAKA AT BENGALURU
Dated this 31st Day of July, 2026
Present: Sri. T. RAJESH
Presiding Officer
OA. No.2640/2024
BETWEEN:
Canara Bank Shirahatti Branch Shirahatti, Dist. Gadag-582120 Through its Chief Manager Mr. Ramavtar Bairwa
… APPLICANT
AND:
Mr. Marigoudar Hanamanthagoudar Patil S/o. Hanamanthagoudar Patil Age: 78 years Having address at: At & Post: Majjur Village, Shirahatti Taluk, Dist. Gadag, Karnataka – 582120
...DEFENDANT
Counsel on record/appeared for:
Issues for consideration
2 issues framed by the court
Whether the applicant successfully proved the OA claim against the defendant?
Whether the OA is liable to be allowed?
Parties & counsel
- applicant
Canara Bank Shirahatti Branch
Coram
T. RAJESH
Case details
As recorded by the court registry
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