☐ABS Marine Products Pvt. Ltd. approached Indian Bank for credit facilities, which were sanctioned in 1991. The company utilized the credit facilities but defaulted on repayment. Indian Bank filed an ... application before the Debt Recovery Tribunal (DRT) to recover the outstanding amount. ABS Marine Products Pvt. Ltd. filed a civil suit against Indian Bank in the Calcutta High Court for damages due to non-disbursal of loans.