M/s. Icici Bank Limited. v. Nunavath Pentya
Case brief
What is this about?
The Debts Recovery Tribunal allowed the applicant bank's original application for recovery against the absent defendant, who remained ex-parte. The court held the defendant liable based on the evidence affidavit and documents produced.
What did the court decide?
Recovery of Rs.26,70,233/- plus future interest at 11.20% p.a. simple and costs.