Bank of India v. M/s. Devi Marketing.
Case brief
What is this about?
The Debts Recovery Tribunal allowed the Applicant Bank's Original Application for recovery of a sum of Rs.53,32,022.40 plus interest and costs from the Defendants who remained ex-parte.
What did the court decide?
Direction to Defendants to pay Rs.53,32,022.40 with future interest and costs; direction to file Cost Memo; issue a Recovery Certificate.