State Bank of India v. Ms R K Metals
Case brief
What is this about?
DRT allowed Bank's OA for recovery certificate. Defendant absent. Court approved reduced interest at 12% p.a. and order recovery from security properties.
What did the court decide?
Recovery Certificate issued for Rs.83,51,589/- plus 12% p.a. simple interest from filing date, recoverable against security properties and other assets.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL II, KARNATAKA AT BENGALURU
Dated this 20th Day of August 2026
Present: Sri. T. RAJESH Presiding Officer
OA. No.931/2025
BETWEEN:
State Bank of India SMEC (40694) Branch, Bamboo Bazar, Mysuru.
…APPLICANT
AND:
M/s. R.K. Metals Rep by its Prop: Sri.Munna Boudh S/o.Chethu Boudh # P-14, Hebbal Industrial Area, Near J.K. Tyres, Mysore-570016.
And also at:
R/o.# 9, MIG 02, G R 3, KHB Colony Belavadi Post, Hootagalli, Mysore-570018
...DEFENDANT
Issues for consideration
2 issues framed by the court
Whether the applicant succeeded in proving the OA claim against the defendant?
What order is to be passed on the application?
Parties & counsel
- applicant
State Bank of India SMEC (40694) Branch, Bamboo Bazar, Mysuru
- respondent
M/s. R.K. Metals (Rep by: Sri. Munna Boudh S/o. Chethu Boudh)
Coram
T. RAJESH
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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