Canara Bank v. Sathish
Case brief
What is this about?
The Debts Recovery Tribunal allowed the original application filed by Canara Bank seeking a Recovery Certificate against three defendants for an agricultural loan default. The claim was ex parte decided, allowing the bank to recover the principal and reduced interest.
What did the court decide?
Recovery Certificate issued for aggregate sum of Rs. 22,17,641.29 comprising principal and reduced interest at 6% p.a.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL II, KARNATAKA AT BENGALURU
Dated this 17th Day of April, 2026
Present: Sri. T. RAJESH Presiding Officer OA.No.472/2025
BETWEEN:
Canara Bank Head office at: 112, JC road, Bangalore Branch office at: Gorur Village, Opposite KEB Office College Road, Kattaya Hobli Post, Hassan Taluk and District – 573 120
Represented by Manager Mr. Akshya P …APPLICANT
AND:
- Sri. Sathish @ Satheesh S/o. K V Puttaswamy Gowda Aged about 56 years
- Sri. Girish S/o. Sathish Aged about 35 years
- Sri. Manu S/o. Sathish Aged about 51 years
All residing at: R/o. Hiregowdanahalli, Hasan taluk, Hasan district – 573 120 ...DEFENDANTS
Issues for consideration
2 issues framed by the court
Whether the applicant had succeeded in proving the OA claim against the defendants?
What order are to be passed regarding the issuance of Recovery Certificate?
Parties & counsel
- applicant
Canara Bank
- respondent
Sri. Sathish @ Satheesh
- respondent
Sri. Girish
- respondent
Sri. Manu
Coram
Case details
As recorded by the court registry
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