Bank of Maharashtra vs Nagnath Manik Bedre — 273/2024

Case under Recovery of Debts Due to Banks and Financial Institutions Act Section 19. Disposed: Uncontested--DECIDED EX-PARTE on 07th April 2026.

Case disposed

R.C.S. - Regular Civil Suit

CNR: MHSO180018382024

e-Filing Number

20-12-2024

Filing Number

371/2024

Filing Date

23-Dec-2024

Registration No

273/2024

Registration Date

23-Dec-2024

Court

Civil Court Junior Division , Mangalwedha

Judge

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

Decision Date

07-Apr-2026

Nature of Disposal

Uncontested--DECIDED EX-PARTE

Last updated 03-Jun-2026

Acts & Sections

Recovery of Debts Due to Banks and Financial Institutions Act Section 19

Petitioner(s)

  1. 1.Bank of Maharashtra

    Adv. JADHAV VISHNU BALIRAM

Respondent(s)

  1. 1.Nagnath Manik Bedre

  2. 2.Vishwas Manik Bedre

Case History

  1. Case disposedDisposed

  2. 07-Apr-2026

    Copy of JudgmentView PDF

    The court partially decreed Bank of Maharashtra's suit against agricultural borrowers Nagnath Manik Bedre and Vishwas Manik Bedre for recovery of a crop loan. The court found the bank proved it advanced Rs. 1,00,000 and defendants defaulted, but rejected the bank's claimed 16% interest rate as excessive, instead awarding 10.65% interest (the contractual rate) until decree and 6% thereafter, making defendants jointly liable for Rs. 1,02,020 plus interest and court costs. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 07-Apr-2026

    Disposed

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

  4. 06-Apr-2026

    Arguments

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

  5. 04-Apr-2026

    Arguments

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

  6. 01-Apr-2026

    Arguments

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

  7. 31-Mar-2026

    Arguments

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

  8. 27-Mar-2026

    Arguments

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

  9. 13-Mar-2026

    Arguments

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

  10. 06-Mar-2026

    Ex_Party Hearing

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

  11. 23-Feb-2026

    Ex_Party Hearing

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

  12. 13-Feb-2026

    Ex_Party Hearing

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

  13. 01-Jan-2026

    Ex_Party Hearing

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

  14. 05-Dec-2025

    Ex_Party Hearing

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

  15. 27-Nov-2025

    Ex_Party Hearing

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

  16. 07-Nov-2025

    Awaiting Summons

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

  17. 17-Oct-2025

    Awaiting Summons

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

  18. 30-Sep-2025

    Awaiting Summons

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

  19. 21-Aug-2025

    Awaiting Summons

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

  20. 01-Aug-2025

    Awaiting Summons

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

  21. 25-Apr-2025

    Awaiting Summons

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

  22. 05-Mar-2025

    Awaiting Summons

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

  23. 03-Jan-2025

    First hearing

    Initial hearing scheduled

  24. 23-Dec-2024

    Case filed

    Registration No. 273/2024

casestatus.in Summary

The court partially decreed Bank of Maharashtra's suit against agricultural borrowers Nagnath Manik Bedre and Vishwas Manik Bedre for recovery of a crop loan. The court found the bank proved it advanced Rs. 1,00,000 and defendants defaulted, but rejected the bank's claimed 16% interest rate as excessive, instead awarding 10.65% interest (the contractual rate) until decree and 6% thereafter, making defendants jointly liable for Rs. 1,02,020 plus interest and court costs. This case analysis is maintained by casestatus.in based on publicly available court records.

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