Idfc First Bank Ltd. v. Mr. Mirza Fazal Saiyidain
Case brief
What is this about?
Debts Recovery Tribunal allowed an Original Application filed by IDFC First Bank Ltd. for recovery of a loan sum of Rs.29,52,750.89 with future interest and costs against an absent defendant, issuing a Recovery Certificate.
What did the court decide?
Recovery of Rs.29,52,750.89 with future interest and costs; power to proceed against properties; issue of Recovery Certificate.