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.
R.C.S. - Regular Civil Suit
CNR: MHSO180018382024
e-Filing Number
20-12-2024
Filing Number
371/2024
Filing Date
23-12-2024
Registration No
273/2024
Registration Date
23-12-2024
Court
Civil Court Junior Division , Mangalwedha
Judge
1-Civil Judge J.D. and J.M.F.C. Mangalwedha
Decision Date
07th April 2026
Nature of Disposal
Uncontested--DECIDED EX-PARTE
Acts & Sections
Petitioner(s)
Bank of Maharashtra
Adv. JADHAV VISHNU BALIRAM
Respondent(s)
Nagnath Manik Bedre
Vishwas Manik Bedre
Hearing History
Judge: 1-Civil Judge J.D. and J.M.F.C. Mangalwedha
Disposed
Arguments
Arguments
Arguments
Arguments
| Date | Purpose |
|---|---|
| 07-04-2026 | Disposed |
| 06-04-2026 | Arguments |
| 04-04-2026 | Arguments |
| 01-04-2026 | Arguments |
| 31-03-2026 | Arguments |
Final Orders / Judgements
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.
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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