State Bank of India v. M/S. Vertus Life Sciences Pvt. Ltd.
Case brief
What is this about?
The Deputy Presiding Officer held that defendants are jointly and severally liable to pay the OA claim amount along with future interest and costs, directing issuance of a recovery certificate.
What did the court decide?
Direct payment of sum Rs.2,27,65,124/- with future interest, costs, and issuance of Recovery Certificate.