Bank of Maharashtra Bramhapuri vs Mahantesh Basvant Patil etc — 68/2025

Case under Recovery of Debts Due to Banks and Financial Institutions Act Section 19. Disposed: Uncontested--DECIDED EX-PARTE on 20th March 2026.

R.C.S. - Regular Civil Suit

CNR: MHSO180003912025

Case disposed

e-Filing Number

03-03-2025

Filing Number

75/2025

Filing Date

04-03-2025

Registration No

68/2025

Registration Date

04-03-2025

Court

Civil Court Junior Division , Mangalwedha

Judge

1-Civil Judge J.D. and J.M.F.C. Mangalwedha

Decision Date

20th March 2026

Nature of Disposal

Uncontested--DECIDED EX-PARTE

Acts & Sections

RECOVERY OF DEBTS DUE TO BANKS AND FINANCIAL INSTITUTIONS ACT Section 19

Petitioner(s)

Bank of Maharashtra Bramhapuri

Adv. JADHAV VISHNU BALIRAM

Respondent(s)

Mahantesh Basvant Patil etc

Vijayakumar Basvant Patil

Basvant Shivappa Patil

Hearing History

Judge: 1-Civil Judge J.D. and J.M.F.C. Mangalwedha

20-03-2026

Disposed

13-03-2026

Arguments

06-03-2026

Ex_Party Hearing

23-02-2026

Ex_Party Hearing

13-02-2026

Ex_Party Hearing

Final Orders / Judgements

20-03-2026
Copy of Judgment

Case Summary: Bank of Maharashtra v. Mahantesh Basvant Patil Court Decision: The suit is partly decreed. The court ordered the three defendants to jointly and severally pay Rs. 3,71,697 (arrears on a Rs. 2,74,000 crop loan sanctioned in 2018) at 7% per annum from suit filing until decree, and 6% thereafter until full realization. Defendants 2 and 3, as guarantors, are equally liable with the primary borrower. Key Reasoning: The court rejected the bank's claimed 16% interest rate as excessive, noting the agreed contractual rate was 7% per annum. Relying on CCI v. Ravindra precedent, it reduced future interest to 6% to meet justice requirements for agricultural loans. Defendants' default and non-response to recovery notices were established despite ex-parte proceedings. This case analysis is maintained by casestatus.in based on publicly available court records.

casestatus.in Summary

Case Summary: Bank of Maharashtra v. Mahantesh Basvant Patil Court Decision: The suit is partly decreed. The court ordered the three defendants to jointly and severally pay Rs. 3,71,697 (arrears on a Rs. 2,74,000 crop loan sanctioned in 2018) at 7% per annum from suit filing until decree, and 6% thereafter until full realization. Defendants 2 and 3, as guarantors, are equally liable with the primary borrower. Key Reasoning: The court rejected the bank's claimed 16% interest rate as excessive, noting the agreed contractual rate was 7% per annum. Relying on CCI v. Ravindra precedent, it reduced future interest to 6% to meet justice requirements for agricultural loans. Defendants' default and non-response to recovery notices were established despite ex-parte proceedings. This case analysis is maintained by casestatus.in based on publicly available court records.

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