Manager Canara Bank Shahapur vs Siddalingreddy S/o Marigouda — 244/2022

Court Decision Summary The Senior Civil Judge of Shahapur decreed the suit filed by Karnataka Bank against defendant Siddalingreddy for recovery of Rs. 5,47,093/- with interest at 11.20% per annum from the date of suit, finding that the defendant had availed multiple loans (gold loan, agricultural development loan, and crop loan) but failed to repay despite executing acknowledgments of debt. The court authorized the bank to recover the amount by selling the mortgaged agricultural property (4 acres 34 guntas) if the defendant fails to repay. This case analysis is maintained by casestatus.in based on publicly available court records.