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2010 Supreme(Guj) 139

SUDHANSU JYOTI MUKHOPADHAYA, AKIL KURESHI
BANK OF BARODA – Appellant
Versus
BALBIR KUMAR PAUL – Respondent


Advocates Appeared:
LPA No. 1303/2009 MS NALINI S LODHA for Appellant(s) : 1,
MR BHARAT T RAO for Respondent(s): 1,
RULE SERVED for Respondent(s): 2 - 9.
MR SANDIP BHATT for Respondent(s): 10 12.
CA No. 6451/2009 MS NALINI S LODHA for Applicant(s) : 1,
MR BHARAT T RAO for Respondent(s): 1,
MR JS YADAV for Respondent (s):3 RULE SERVED for Respondent(s): 2,4- 9.
MR MANAN SHAH for Respondent(s): 10 - 12.

JUDGMENT

1. The appellant was original respondent no.1 in Special Civil Application No.1424/2009. In this appeal, the appellant has challenged a judgement and order dated 6.5.2009 passed by the Learned Single Judge in the petition filed by respondent no.1 herein.

2. Brief facts leading to the appeal are as follows:

2.1 Respondent no.1 was one of the Directors of M/s. R.K. Taneja Fashion Fabrics Pvt. Ltd., a company incorporated under the provisions of the Companies Act 1956. Said company had availed of loan for cash credit facility from the present appellant-Bank of Baroda by mortgaging besides other properties, property of the original petitioner being immovable property situated at Buland Shahar, Uttar Pradesh(here-in-after referred to as the suit property ).

2.2 Since the loan availed of by the company was not repaid, the appellant bank filed Original Application No. 31/1996 before the Debt Recovery Tribunal, Ahmedabad on 25.1.1996 seeking recovery of Rs. 1,37,83,441/- with interest.

2.3 Debt Recovery Tribunal, Ahmedabad passed a decree on 18.4.2006 in favour of appellant bank. In the petition, original petitioner i.e. present respondent no.1 has stated that he was not aware whethe

































































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