The Federal Bank Ltd though Vilas Trimbakrao Lande vs Harshwardhan Bharat Godage — 304/2023

Case Summary: The Federal Bank Ltd. v. Harshavardhan Bharat Godage (304/2023) The court decreed the suit in favor of The Federal Bank Ltd., ordering the defendants to pay jointly and severally Rs. 8,95,756/- with interest at 11.30% per annum. The court found that defendant No. 1 had availed Federal Kisan Cash Credit and Agricultural Medium Term loans, while defendants 2-4 had stood as personal guarantors, and despite acknowledging their liability through multiple balance confirmation letters, they failed to repay the amount since June 2015. This case analysis is maintained by casestatus.in based on publicly available court records.