Indian Bank v. Ms Patra Bashan Mill and Ors.
Case brief
What is this about?
The Debts Recovery Tribunal allowed an ex-parte application filed by Indian Bank for recovery of a loan amount. The defendants remained absent. The Tribunal determined the debt, debarred the defendants from alienating properties, and directed the issuance of a Recovery Certificate.
What did the court decide?
OA allowed ex-parte; debt determined; Order of Recovery passed; Recovery Certificate directed to be issued.