State Bank of India v. Sri Gopi Nath Kunda
Case brief
What is this about?
The Debts Recovery Tribunal allowed the bank's original application for recovery of Rs. 27,57,780/- plus interest and costs as the defendant remained absent and documents clinched the claim.
What did the court decide?
The defendant is ordered to pay the sum of Rs. 27,57,780/- with future interest, and the bank is entitled to realize dues from the defendant's persons and properties.