Icici Bank Limited v. Sri Chenumalla Thirupathi Reddy
Case brief
What is this about?
In an Original Application for recovery, the Debt Recovery Tribunal allowed the bank's claim against the defaulting defendant amounting to Rs. 22,05,753 plus interest, holding the bank's documentary evidence sufficient and the defendant liable.
What did the court decide?
Defendant directed to pay Rs. 22,05,753 with interest; Recovery Certificate issued; Costs allowed.