Punjab National Bank v. Ms S B Associated and Ors.
Case brief
What is this about?
Ex parte order by Debts Recovery Tribunal Kolkata affirming Original Application filed by Bank. Determined debt of over one crore rupees with interest and issued directions for recovery certificate under RDB Act 1993.
What did the court decide?
Recovery certificate issued against defendants to recover total amount of Rs.1,02,70,416.48 including interest.