Dismissed
Kosetty Krishna v. Bank of Baroda
DRTMA/42/2024
Case brief
AI extract
What is this about?
The Debts Recovery Tribunal directed the respondent bank to pay applicant Kosetty Krishna a sum of Rs. 1,37,80,233 as interest at 50% p.a. from 22.01.2013 to 28.10.2013 on an earlier refunded principal of Rs. 4,64,86,000, fixing a date for payment and recovery certificate initiation.
What did the court decide?
Directed respondent bank to pay Rs. 1,37,80,233 to the applicant before 30.11.2024 and Registry to issue Recovery Certificate.