T.S.Thakur, Gyan Sudha Misra
C. N. Paramsivan – Appellant
Versus
Sunrise Plaza TR. Partner – Respondent
T.S. Thakur, J.—Leave granted.
2. This appeal by special leave arises out of an order passed by the High Court of Judicature at Madras whereby writ petition No.14594 of 2007 filed by the appellants has been dismissed and orders passed by the Debt Recovery Appellate Tribunal in M.A. No.90 of 2006 upheld, no matter on a ground other than the one on which that found favour with the Appellate Tribunal.
3. Facts leading to the filing of the writ petition have been set out at considerable length in the orders passed by the Appellate Tribunal and that passed by the High Court. We do not, therefore, consider it necessary to recapitulate the entire history over again except to the extent the same is necessary for the disposal of the present appeal. The long drawn legal battle that has raged over the past two decades or so has its genesis in a loan which respondent Indian Bank advanced to M/s. Sunrise Plaza, a partnership concern comprising respondent-S. Kalyanasundaram and his wife - Mrs. Vasantha Kalyanasundaram. The loan was advanced on the basis of an equitable mortgage of the properties owned by the partners of the firm by deposit of title deeds relevant thereto. The borrower havi
Janak Raj v. Gurdial Singh (1967) 2 SCR 77.(Para 11)
Padanathil Ruqmini Amma v. P.K. Abdulla (1996) 7 SCC 668.(Para 11)
Chinnammal and Ors. v. P. Arumugham and Anr. (1990) 1 SCC 513.(Para 11)
Ram Kirpal Bhagat and Ors. v. State of Bihar (1969) 3 SCC 471.(Para 18)
Mahindra and Mahindra Ltd. v. Union of India and Anr. (1979) 2 SCC 529.(Para 19)
Onkarlal Nandlal v. Rajasthan and Anr. (1985) 4 SCC 404.(Para 20)
Mary Roy and Ors. v. State of Kerala and Ors. (1986) 2 SCC 209.(Para 20)
Nagpur Improvement Trust v. Vasantrao and Ors. and Jaswantibai and Ors. (2002) 7 SCC 657.(Para 20)
Osmania University v. V.S. Muthurangam and Ors. (1997) 10 SCC 741.(Para 22)
N.K. Chauhan and Ors. v. State of Gujarat and Ors.
Sardara Singh (Dead) by Lrs. and Anr. v. Sardara Singh (Dead) and Ors. (1990) 4 SCC 90.(Para 29)
Gangabai Gopaldas Mohata v. Fulchand and Ors. (1997) 10 SCC 387.(Para 31)
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.