SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
Listen Audio Icon Pause Audio Icon
judgment-img

2016 Supreme(Pat) 725

JITENDRA MOHAN SHARMA
State Bank of India – Appellant
Versus
Nunumati Devi D/o Gaya Singh – Respondent


Advocates Appeared:
For the Appellant :Mr. Rakesh Kumar Singh, Advocate.
For the Respondent:Mr. Rahul Kumar Singh, Advocate.

JUDGMENT :

1. Present appeal has been preferred against the judgment and decree dated 30.08.1990 decree sealed and signed on 14.09.1990 passed in Money Suit No. 79 of 1983 / 30 of 1989 by Sri H. Narayan, the then Subordinate Judge IV, Biharsharif, Nalanda whereby and where under the suit was decreed for a sum of Rs.12,800/- with the stipulated rate of interest pendentilite and future till realization with proportionate cost. The plaintiff is the appellant and the defendants are the respondents.

2. The Money Suit was filed for realization of Rs.82,905.54/- from the defendants with interest pendentilite and future. The case of the plaintiff, briefly stated, is that the plaintiff Bank sponsored loan scheme to help agriculturists. Defendants no. 1, 2 and 3 being agriculturists were in need of money for purchasing a tractor with its implements for agricultural operation. They approached the plaintiff Bank jointly for loan and for that filed application dated 26.03.1976. After proper inquiry the plaintiff agreed to advance the loan by way of agricultural term loan to the limit of Rs.44,800/- only with interest at the rate of 11 % per annum subject to revised rate of interest directed by th

















Click Here to Read the rest of this document

1
2
3
4
5
6
7
8
9
10
11
SupremeToday Portrait Ad
supreme today icon
logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

For Daily Legal Updates, Join us on :

whatsapp-icon telegram-icon
whatsapp-icon Back to top