Union Bank of India v. M/s. Hygiene Retail India Private Ltd.
Case brief
What is this about?
In Original Application No. 262/2026, the Debts Recovery Tribunal allowed the Union Bank of India's claim for recovery of dues against the respondents notwithstanding their ex-parte absence.
What did the court decide?
Defendants to pay Rs. 38,97,591.62 with future interest @10.05% p.a. from date of application; recovery certificate issued.