Allowed
Union Bank of India v. Ram v Tyagarajan
DRATMISC APPLICATION/65/2023
Case brief
AI extract
What is this about?
The Tribunal allowed the bank's application to transfer the applicant's deposited funds accrued with interest to the Recovery Officer for adjustment against the decree debt in respondent's case.
What did the court decide?
The amount lying in deposit together with accrued interest shall be forwarded to the Recovery Officer, D.R.T.-I, Mumbai for adjustment towards R.P. No. 597/2016.