State Bank of India v. Doraswamy Mohan Rohit Das
Case brief
What is this about?
Debts Recovery Tribunal allowed the applicant bank's original application for recovery of dues from the sole defendant, who remained ex-parte, holding the defendant liable to pay the claimed sum with future interest and costs.
What did the court decide?
Defendant liable to pay Rs. 23,01,636/ with future interest @ 11.55 p.a. from date of application till realization; application and costs allowed; Recovery Certificate issued.