Canara Bank v. Thotappa Setty
Case brief
What is this about?
The Tribunal allowed the recovery application filed by Canara Bank against four borrowers for agricultural loans totaling Rs. 27,49,095/- plus interest, reducing the interest rate to 6% per annum simple.
What did the court decide?
Allowed recovery of Rs. 27,49,095/- plus 6% simple interest from date of filing OA joint, several, and personal recovery from defendants and schedule property.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL II, KARNATAKA AT BENGALURU
Dated this 28th Day of April, 2026
Present: Sri. T. RAJESH Presiding Officer OA.No.807/2023
BETWEEN:
Canara Bank Bettadapura Branch, Ph Road, Bettadapura, Periyapatna Taluk, Mysuru – 571 102
Represented by its Manager
Sri. Nagmani Gautam …APPLICANT
AND:
- Sri. Thotappa Setty S/o. K S Thotappa Setty Aged about 71 years
- Miss. Srinidhi D/o. Thotappa Setty Aged about 34 years
- Sri. Chinmay T S/o. Thotappa Shetty Aged about 31 years
Defendant no.1 to 3 are residing at: Pete Beedhi, Bettadapura, Periyapatna Taluk, Mysuru – 571 102
Issues for consideration
2 issues framed by the court
Whether the applicant succeeded in proving the OA claim as against the defendants?
What order are to be passed?
Parties & counsel
- applicant
Canara Bank Bettadapura Branch
- respondent
Sri. Thotappa Setty
- respondent
Miss. Srinidhi
- respondent
Sri. Chinmay T
- respondent
Sri. Surendra A T
Case details
As recorded by the court registry
All orders in this case
2 orders share this CNR
- Order 1 · P.o
- Order 2 — this page · P.o
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