Uco Bank v. Kavitha
Case brief
What is this about?
The Debt Recovery Tribunal allowed an original application filed by UCO Bank to recover an agricultural loan of Rs.39,06,152 along with simple interest from the borrowers and guarantors, who appeared ex-parte.
What did the court decide?
Directed defendants to jointly/severally pay Rs.39,06,152 with simple interest at 6% p.a. within one month. In default, properties shall be sold.
What the court decided
OA No. 509/2023
Fair Order
IN THE DEBTS RECOVERY TRIBUNAL AT MADURAI DATED THIS 07TH DAY OF APRIL, 2026 PRESENT: SEEMA SINHA,
[PR. DISTRICT & SESSIONS JUDGE – Retd] PRESIDING OFFICER
OA No.509/2023
Between
UCO Bank, 1/147, Main Road, Somarasampettai, Tiruchirapalli – 620 102. Rep. By its Branch Manager.
---Applicant Bank
And
- Mrs. D. Kavitha, W/o V. Kannan, 5/163, Veeranginallur, Somarasampettai, Srirangam Taluk, Tiruchirapalli District – 620 102.
- Mr. S. Veeramuthu, S/o Sadayandi, 1/169, Veeranginallur, Somarasampettai, Srirangam Taluk, Tiruchirapalli District – 620 102.
- Mrs. V. Visalatchi,
Issues for consideration
2 issues framed by the court
Whether the Applicant Bank has proved its claim for recovery of the outstanding loan amount based on affidavit and documentary evidence in the absence of respondents.
Whether the Tribunal has jurisdiction to award pendente lite interest on the outstanding amount.
Parties & counsel
- applicant
UCO Bank
- respondent
Mrs. D. Kavitha
- respondent
Mr. S. Veeramuthu
- respondent
Mrs. V. Visalatchi
Coram
Case details
As recorded by the court registry
All orders in this case
2 orders share this CNR
- Order 1 — this page · Seema Sinha
- Order 2 · Seema Sinha
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