Canara Bank Theni Branch Rep by its Chief Manager, Suvvari Upendra.J vs Malathi.V Advocate - Exp — 35/2025

Case Summary: O.S. No. 35/2025 Court Decision: The Additional District Judge (Fast Track Court), Theni, decreed Canara Bank's suit in full on March 13, 2026, granting a preliminary decree against defendant V. Malathi for recovery of agricultural loan defaults totaling Rs. 12,11,576 across four loan accounts (Kisan OD, Kisan Credit Card, Farm Development, and Dairy Loan), with 6% p.a. interest from plaint date until decree, and 6% thereafter on principal amounts, payable within two months. Key Reasoning: The court found the defendant defaulted on agreed loan repayments despite legal notice, and having been served but remained absent (exparte), no defense was presented. Bank's documentary evidence (loan agreements, equitable mortgage registrations via Memorandum of Deposit of Title Deeds, and account statements) establishing the debt was uncontested. This case analysis is maintained by casestatus.in based on publicly available court records.