Union Bank of India v. Dappu Yadagiri
Case brief
What is this about?
In this OA, the Debts Recovery Tribunal allowed the Applicant Bank's claim for recovery of a loan amount of Rs. 20,19,722.14 interest, and costs against the Defendant who appeared exparte, holding the Bank's claim established.
What did the court decide?
Directed Defendant to pay Rs. 20,19,722.14 with 12% per annum interest from 03.06.2025, proceeds against his properties, and costs of the OA.