Bank of Baroda v. Mr. Pidathala Ramadasu
Case brief
What is this about?
The Debts Recovery Tribunal allowed the Bank of Baroda's Original Application for recovery of Rs. 46,97,421.17 plus interest against a defaulting defendant appearing ex-parte, holding the claim valid based on examined evidence and recorded documents.
What did the court decide?
Defendant jointly and severally liable to pay Rs. 46,97,421.17 with interest; recovery from hypothecated assets and personal properties; costs awarded.