Icici Bank Limited v. Dirisinala Gurava Reddy
Case brief
What is this about?
In Debt Recovery Tribunal II, Hyderabad, the Presiding Officer allowed an ex-parte application filed by ICICI Bank against Dirisinala Gurava Reddy for recovery of Rs. 27,37,522 along with future interest and costs.
What did the court decide?
Defendant liable to pay Rs. 27,37,522 with future interest at 11% p.a., costs awarded, recovery certificate issued.