Bank of India v. Saikat Samadder and Ors.
Case brief
What is this about?
The Tribunal allowed the Applicant Bank's ex-parte Originall Application (OA No. 603 of 2022) for recovery of Rs. 22,18,394.11 with interest against defaulting borrowers, directing the issuance of a statutory Recovery Certificate.
What did the court decide?
Recovery of Rs. 22,18,394.11 with interest; issuance of Recovery Certificate under Section 19(22) RDB Act, 1993.