Canara Bank of having its Head Office at Bangalore, Br. Office at Chikkerur vs Shivakumar S/o Mahalingappa Jadar — 61/2024

Summary The Senior Civil Court at Hirekéruru partially granted Canara Bank's money recovery suit against two agricultural borrowers. The court decreed that the defendants must repay Rs. 7,73,033/- at 6% annual interest within 6 months from the judgment date, failing which the bank is authorized to proceed with recovery through legal process against the mortgaged property. The defendants had obtained an agricultural crop loan of Rs. 3,50,000/- in 2016 but failed to repay it as agreed. This case analysis is maintained by casestatus.in based on publicly available court records.