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1987 Supreme(Del) 179

MAHESH CHANDRA
BANK OF INDIA – Appellant
Versus
NATIONAL TILE WORK INDUSTRIES – Respondent


Advocates Appeared:
B.MOHAN, P.P.MALHOTRA

MAHESH CHANDRA

( 1 ) BY this order I propose to dispose of this 1. A. which has been filed under Order XXXVIII Rule 5 read with Section 151 of the Code of Civil Procedure (hereinafter referred to as the Code ), by the plaintiff against defendant No. 3 for attachment before judgment on the allegations that the plaintiff has filed a suit for recovery of, Rs. 3,97,161/12p against the defendants which has been registered as Suit No. 2013/84; that defendant No. 3 had, at all material times, been one of the partners of defendant No. 1 and had accordingly signed and executed in favour of the plaintiff various documents detailed in the plaint and as such is liable severally and jointly for the repayment of outstandings as claimed in the suit ; that the plaintiff has a good prima facie case against the defendants including defendant No. 3 : that defendant No. 3 holds a fixed deposit receipt No. DBD-23/307 dated 16th May, 1985 for Rs. 71,147/31p due on 21st March, 1987 with the plaintiff-Bank ; that in view of defendant No. 3 being liable for the suit amount, the plaintiff has a lien over the said fixed deposit receipt and the said fixed deposit being only security available against said def













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