Hdfc Bank Ltd. v. Mr. Shivram Sarbendu Mallick
Case brief
What is this about?
The Debts Recovery Tribunal allowed the Bank's application against the deceased defendant's legal heir. The Tribunal held the legal heir liable to pay the loan amount, future interest, and costs, and directed the issue of a Recovery Certificate.
What did the court decide?
Response allowed bank's claim for Rs. 72,61,138.49 with future interest and costs; Recovery Certificate issued.