M/s. Icici Bank Limited., v. Smt. Anne Manjula
Case brief
What is this about?
Debts Recovery Tribunal allowed an original application filed by ICICI Bank for recovery of a loan amount of Rs. 30,28,320 with future interest and costs from the defendant, who remained ex-parte.
What did the court decide?
Defendant to pay Rs. 30,28,320 with future interest @10.35% p.a. simple, costs, and issue Recovery Certificate.