Canara Bank v. S Smitha
Case brief
What is this about?
The Debt Recovery Tribunal allowed an original application filed by Canara Bank to recover Rs.26,20,162.55 along with interest against Mrs. S Smitha. The court found the bank's evidence sufficient as the defendant remained ex-parte.
What did the court decide?
Ordered payment of Rs.26,20,162.55 plus 10.70% p.a. interest within one month, with liberty to sale mortgaged properties in case of default.
What the court decided
OA No. 473/2022
Fair Order
IN THE DEBTS RECOVERY TRIBUNAL AT MADURAI DATED THIS 02nd DAY OF JULY, 2026 PRESENT: SEEMA SINHA,
[PR. DISTRICT & SESSIONS JUDGE – Retd] PRESIDING OFFICER
OA No.473/2022
Between
Canara Bank, West Avani Moola Street Branch, 14, West Avani Moola Street, Madurai – 625 001 Rep. by its Chief Manager.
---Applicant Bank
And
- Mrs. S Smitha, W/o Soloman Sundarakumar, Jankit Nagar,
Iraniyam, Arumpanur, Kadachenendhal, Madurai.
Also at
Issues for consideration
2 issues framed by the court
Whether the Applicant Bank has established its claim for recovery of the outstanding loan amount through the filed evidence.
Whether the Tribunal has the power to award pendente lite interest on the loan account.
Parties & counsel
- applicant
Canara Bank
- respondent
Mrs. S Smitha
Coram
SEEMA SINHA
Case details
As recorded by the court registry
Similar cases
Judgements on the same questions, provisions and authorities, from every court