Icici Bank Limited v. Mrs.N Lohitha
Case brief
What is this about?
In this Debt Recovery Tribunal order, the court allowed an application by ICICI Bank Limited for the recovery of Rs. 23,36,713.94 plus future interest and costs from the defendant Mrs. N. Lohitha, deciding ex-parte in her absence.
What did the court decide?
The defendant is liable to pay Rs. 23,36,713.94 with future interest at 10.25% p.a., costs, and a Recovery Certificate is to be issued.