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

2018 Supreme(Del) 1419

VALMIKI J.MEHTA
Punjab National Bank – Appellant
Versus
Senior Exports – Respondent


Advocates Appeared:
For the Plaintiff :Mr. Hashmat Nabi and Mr. Abhinav Thareja, Advocates

JUDGMENT :

VALMIKI J. MEHTA, J.

1. Plaintiff/bank namely Punjab National Bank has filed the present suit for recovery of Rs.1,89,66,123/-along with interest against a total of ten defendants. Suit amount is claimed on account of the fraud played upon the plaintiff/bank whereby a total amount of Rs. 1.17 crores through purported Telegraphic Transfers was credited to the bank account of the defendant no.2 in the name of defendant no.1 and thereafter such amount being fraudulently withdrawn by defendant no. 2 or used by him for payments made to defendant nos. 3 and 5 to 7. The entire suit amount is claimed from the defendant nos. 1, 2 and 4 and essentially defendant no. 2/Sh. Vijay Dixit who is the sole proprietor of defendant nos. 1 and 4. The entire amount of the suit is also claimed from the defendant nos. 8 to 10 because whereas defendant nos. 8 and 9 were employees of the plaintiff/bank at its branch at Neemuch, Madhya Pradesh and defendant no. 10 who is said to be the main conspirator. As against defendant no. 5 a sum of Rs.1,00,000/-is claimed, with a sum of Rs.15,000/-being claimed by defendant no. 6 and a sum of Rs.3919/-being claimed against the defendant no. 7.

2. The facts of















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