Bank of Baroda v. M/s. Vasavi Print Links
Case brief
What is this about?
This Tribunal allowed an Original Application filed by Bank of Baroda for recovery of dues Rs. 34,08,275/- plus interest and costs from two defendants who remained absent. The order held the defendants jointly and severally liable.
What did the court decide?
Defendants ordered to pay Rs. 34,08,275/- plus future interest at 9.15% p.a. and costs; recovery certificate issued.