Bank of Maharashtra v. Sri. Kovvuri Nagesh Kumar
Case brief
What is this about?
The Debts Recovery Tribunal allowed an Original Application filed by Bank of Maharashtra for recovery of dues from individual respondents, holding them jointly and severally liable based on evidence marked by the applicant.
What did the court decide?
Defendants directed to pay Rs. 1,70,60,886/- with future interest at 8.15% p.a.; recovery certificate issued.