Icici Bank Limited v. M/s Coverit
Case brief
What is this about?
The Debt Recovery Tribunal allowed an original application filed by ICICI Bank Limited for recovery of a sum of Rs. 23,75,293.47 along with future interest and costs from the defendants, who were represented absent.
What did the court decide?
Respondents directed to pay Rs. 23,75,293.47 with future interest; recovery certificate to be issued; applicant to file cost memo.