Bank of India v. A.K. Tandon
Case brief
What is this about?
The Court decreed a bank suit for recovery of credit card dues against the defendant who failed to pay outstanding amounts. As no written statement was filed, the plaint averments stood uncontested, and the claim was proved on affidavit. The decree granted recovery with modified interest at 9% p.a.
What did the court decide?
Suit decreed for recovery of dues adjusted to 9% p.a. interest from suit date.