The Yes Bank Limited. v. Mrs. Tabassum Begum
Case brief
What is this about?
The Debts Recovery Tribunal allowed an original application filed by Yes Bank Limited for recovery of dues of Rs.27,17,255.89 plus interest from defendants, holding them jointly and severally liable based on ex parte proceedings and documentary evidence.
What did the court decide?
Recovery of Rs.27,17,255.89 plus interest, sale of hypothecated vehicles, and costs awarded to the applicant bank.