YOGESH KUMAR SHARMA vs CANARA BANK (ERSTWHILE SYNDICATE BANK)

IN THE HIGH COURT OF DELHI AT NEW DELHI Date of Decision : 13.05.2026 RFA(COMM) 300/2026 CM APPL. 29766/2026 CM APPL. 29767/2026 YOGESH KUMAR SHARMA .....APPELLANT Through: Mr. D.B. Yadav and Mr. Sauraj Yadav, Advs. versus CANARA BANK (ERSTWHILE SYNDICATE BANK) .....RESPONDENT Through: None. CORAM: HON'BLE MR. JUSTICE V. KAMESWAR RAO HON'BLE MS. JUSTICE MANMEET PRITAM SINGH ARORA MANMEET PRITAM SINGH ARORA, J. (ORAL) RFA(COMM) 300/2026 CM APPL. 29766/2026 CM APPL. 29767/2026 1. The present appeal has been filed under Section 13 of Commercial Courts Act, 2015 read with Section 96 of Code of Civil Procedure 1908, [‘CPC’] against judgment dated 18.04.2023 passed by Commercial Court- 01, East, Karkardooma Courts in CS (Comm) No. 222/2021 titled as Canara Bank (erstwhile Syndicate Bank) v. Yogesh Kumar Sharma, whereby the learned District Judge has decreed the suit in favour of the Respondent for a sum of Rs. 6,69,202/-, along with interest at rate of 11% per annum and penal interest at the rate 2% per annum from the date of filing of the suit till realization. 2. The Respondent vide sanction letter dated 21.09.2015 authorized a term loan of the amount 5,27,000/- to the appellant for th