Union Bank of India v. Mrs. Khazira Begum
Case brief
What is this about?
Debts Recovery Tribunal-II, Hyderabad allowed the Original Application filed by Union Bank of India. The court held the defendants jointly and severally liable to pay the bank a sum of Rs. 68,27,547/- with future interest, secured by mortgage, and granted a recovery certificate.
What did the court decide?
Defendants are jointly and severally liable to pay Rs. 68,27,547/- with future interest and costs; OA schedule property mortgaged serves as security; Recovery Certificate issued.