State Bank of India v. Sh. Malkeet Singh @Malkit Singh
Case brief
What is this about?
The Tribunal allowed an application for recovery of dues from a mortgaged land, finding the debtor defaulted on a KCC agricultural loan despite service of summons.
What did the court decide?
Application allowed for recovery of Rs. 30,63,781/- with interest; Recovery Certificate issued; liability joint and several; direct to appear for distribution of sale proceeds.