Bank of India v. Sultan Ahmed
Case brief
What is this about?
The Bank of India filed an original application for recovery of dues. The defendants remained absent. The Tribunal allowed the application and ordered the defendants to pay the claimed amount with future interest and costs.
What did the court decide?
Allowed OA for recovery of claims with future interest at 10.50% and costs; granted stay against disposal of properties pending recovery.
What the court decided
BEFORE THE DEBTS RECOVERY TRIBUNAL-UI XOLKATA
PRESENT:. SRI ARBIND MADHAv
PRESIOING OFFICER OF DRT-II KOLKATA
ADDITIONAL CHARGE OF DRT.IU XOLKATA
o.a. t{o. 512 0F 2025
DArE OF DELIVERY OF ORDER : 0610512026
BEnk of India, a body corporate constituted under the Banking Companres Star (Acqujsrtion House, C-S, and Transfer Block_ Kurla of Undertaktngs) Comole na, rszo "ri i"r,"In iir'rr""i on"" ,, ,"n0." (East), Mumbai_4ooos1 and carrying on rts business from its Ltndsav d*.;* u a,iet, r<o r raia- _ zo-o;,;; _'ffi i#:: ?llTi; .il.tj |loo,';1,. r, *"rp. s,. N ew
Applicant Bank. -Versus-
1.
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... Defendant,
Counsel for the Applicant Bank: -
Issues for consideration
1 issue framed by the court
Whether the Applicant Bank is entitled to the claim made in the O.A. against the Defendants.
Parties & counsel
- applicant
Bank of India
- respondent
Defendants (Undisclosed)
Coram
Arbind Madhav
Case details
As recorded by the court registry
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