The Branch Manager, Canara Bank, Thevaram vs V. Mani — 4/2021

Summary of Case 4/2021 Outcome: Judgment allowed in favor of the bank (petitioner). The court ordered respondent V. Mani to pay Rs. 13,75,451 (the total outstanding loan amount) with 12% interest from the date the case was filed until judgment date, and 6% interest thereafter until full payment. The respondent was granted 3 months to pay. If payment is not made, a personal decree will be issued against the respondent. The case involved recovery of agricultural loans (KCCS and FDL schemes) that the respondent had defaulted on since November 2020. This case analysis is maintained by casestatus.in based on publicly available court records.