Union Bank of India v. Sri. J. Vijay Ranjeeth Kenchey
Case brief
What is this about?
The Debts Recovery Tribunal allowed an Original Application filed by the bank for recovery of Rs.20.38 lakhs with future interest. Being an ex-parte proceeding, the court held the defendants jointly and severally liable based on marked documents.
What did the court decide?
Defendants liable to pay Rs.20,38,823.64 plus future interest and costs; OA claim secured by mortgage; recovery certificate issued.