Icici Bank Limited v. Mr. Gopi Krishna Pulimaddi
Case brief
What is this about?
The Debts Recovery Tribunal allowed the Bank's Original Application for recovery of Rs.45,99,898/- plus interest and costs from the defendant who remained absent.
What did the court decide?
Recovery of Rs.45,99,898/- with future interest @10.25% p.a., costs, and direction to issue Recovery Certificate.