Punjab Gramin Bank v. Karnail Singh
Case brief
What is this about?
an ex parte application filed by Punjab Gramin Bank for recovery of a loan amount was allowed by the Debts Recovery Tribunal, Chandigarh. The court confirmed the quantum of dues and directed the issuance of a recovery certificate.
What did the court decide?
Recovery of Rs.23,04,878/- with interest allowed; Recovery Certificate directed to be issued; Pending IAs disposed of.