T.CH.SURYA RAO
Rajesh Bhatia – Appellant
Versus
G. Parimala – Respondent
( 2 ) BRIEFLY stated, the facts are thus: the plaintiffs filed the suit for recovery of an amount of Rs. 3,83,000/- from the defendants 1 and 2. The case of the plaintiffs was that on the request of the first defendant the plaintiffs handed over the original sale deed dated 30-08-1993 and the fixed deposit receipts worth Rs. 3,83,000/- to her and her husband C. S. Sudhir Kumar. Plaintiffs used to receive interest amount of Rs. 3,500/- from the second defendant-bank on the above fixed deposits till May, 2001. However, without any reason what so ever the second defendant-bank stopped suddenly from the month of June 2001 the payment of interest. On enquiry, the plaintiffs came to know that these fixed deposit receipts were given to the bank on hypothecation by the first defendant, who availed credit facilities and bank guarantee. When the bank guarantee was revoked by Andhra Bank, the second defendant-bank clo
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