Bank of Baroda v. Mr. Qureshi Qamar Ahmed
Case brief
What is this about?
Debts Recovery Tribunal-II, Hyderabad allowed Original Application No. 528 of 2024 filed by Bank of Baroda seeking recovery of Rs. 68,95,016.13 with interest from defendants jointly and severally, including security over hypothecated vehicle. Defendants appeared ex-parte.
What did the court decide?
Defendants jointly and severally liable to pay Rs. 68,95,016.13 with future interest; OA claim secured by hypothecated vehicle; bank entitled to proceed against person and properties for realization;