Bank of Baroda v. Boya Rajashekar
Case brief
What is this about?
Debts Recovery Tribunal allowed bank's original application for recovery. Held defendant liable to pay principal sum with interest and costs. Secured via hypothecated vehicle; directed issuance of recovery certificate.
What did the court decide?
Defendant to pay Rs. 51,75,128/- with interest; OA secured against hypothecated vehicle; bank entitled to costs and recovery certificate.