M/s.Yes Bank Limited. v. Mr. Neela Vijaya Rao
Case brief
What is this about?
DEDT-II Hyderabad allowed the Original Application filed by YES Bank Limited for recovery of Rs. 20,66,503.66 with future interest against defendant Mr. Neela Vijaya Rao who was absent.
What did the court decide?
Recovery of Rs. 20,66,503.66 with future interest @10.75% p.a. and costs; issuance of Recovery Certificate.