State Bank of India v. Mrs.Mamatha Bitla
Case brief
What is this about?
The Debts Recovery Tribunal, Hyderabad, heard an original application by State Bank of India for recovery of dues. The defendant, Mrs. Mamatha Bitla, remained ex parte. Relying on the examination of the manager and marked documents, the Tribunal held the defendant liable and allowed the application.
What did the court decide?
Order allowed; respondent liable to pay Rs. 22,10,053/- with future interest at 11.80% p.a. and costs; recovery certificate to be issued.