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

1987 Supreme(Raj) 672

J.R.CHOPRA
Renuka Parihar : The Bank of Baroda – Appellant
Versus
The Bank of Baroda – Respondent


Advocates:
For the Petitioner:D.K. Parihar, Advocate.
For the Non-Petitioner:P.K. Bhansali, Advocate.

JUDGMENT

1. - It is a defendants' revision against the order of the learned District Judge, Sirohi dated 30-10-1986 whereby the learned lower court has granted permission to the defendants No. 1 and 2 to defend the suit Under Order 37, Civil Procedure Code on furnishing a Bank guarantee of Rs. 1,00,000/-.

2. The facts necessary to be noticed for the disposal of this revision briefly stated are: that defendant No. 1 Smt. Renuka obtained a loan from the Bank of Baroda, Mount Abu Branch amounting to Rs. 1,22,171. 25P. for the purchase of F.C. Mahendra Mini Bus and executed a pro note in favour of the Bank for repayment of this amount @18.5% interest per year. The amount was made payable in monthly instalment of Rs. 3400/- each. The first instalment became due on 1-10-1982. It is alleged that defendant No. 1 Smt. Renuka Parihar has paid a sum of Rs. 65,900/- towards the loan. The Bank has, therefore, claimed now a sum of Rs. 1,19,886.50p. It is alleged by the plaintiff that on the application of defendant No. 1 Smt. Renuka Parihar and defendant No. 4 Sumanbhai, proceedings took place for the transfer of this Mini Bus in favour of defendant No. 4 Sumabhai. Taking advantage of those proce

















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