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1998 Supreme(Del) 502

K.S.GUPTA
STATE BANK OF INDIA – Appellant
Versus
ADITYA FINANCE AND LEASING COMPANY PRIVATE LIMITED – Respondent


K. S. Gupta

( 1 ) THIS order will govern the of I. As. 9370 and 12532/

( 2 ) SUIT was filed by State Bank of India, inter alia, alleging that it is a body, constituted under the State Bank of India Act, 1955 and has one of its branches at Swasthya Vihar. Vikas Marg, Delhi. Defendant No. 1 is a Company registered under the Company Act, 1956 and defendant No. 2 is the Director thereof. Defendant No. 1 owns property constructed on plot bearing No. 9 in New Rajdhani Enclave, Vikas Marg, Delhi. Swasthya Vihar branch of the plaintiff at present is operating from premises No. A-13. As the plaintiff Bank was in need of bigger accommodation for smooth running of the said branch by the letter dated 12th April, 1993 the defendants offered on lease said property No. 9 having basement, ground and the first floors. It is further alleged that in a meeting held on 4th July, 1994 between the officers of the plaintiff Bank and defendant No. 2 defendante agreed to provide area of 6,600 sq. ft. in the said property on a monthly rent to be calculated @ Rs. 11. 00 per sq. ft. for the basement, @ Rs. 14. 00 per sq. ft. for the ground floor and @ Rs. 13. 25 per sq. ft. for the first floor. Certain broad ter

























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