Union Bank of India v. Mr. Sampat Devram Jadhav
Case brief
What is this about?
In an ex parte proceeding before the Delhi Debt Recovery Tribunal, the court unanimously decreed the original application filed by the plaintiff bank against three defendants for recovery of a loan amount of Rs. 36,65,971/- along with future contractual rate of interest, as the defendants filed no written statement and the plaintiff's claim remained uncontroverted. The order has also directed the
What did the court decide?
Directing defendants to pay Rs. 36,65,971/- along with 8% p.a. simple interest; attaching personal properties; issuing recovery certificate; securing adjudged amount by charge on immovable properties.