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

2022 Supreme(Mad) 722

S.KANNAMMAL
A. S. Jahangir – Appellant
Versus
Operating Lease and Hire Purchase Company Limited, Chennai – Respondent


Advocates Appeared:
For the Petitioner: S. Ramesh Kumar.
For the Respondent: V.T. Narendiran.

JUDGMENT :

(Prayer: Civil Revision Petition is filed under Section 115 of the Civil Procedure Code, to set aside the fair and decreetal order in I.A.No.7606 of 2017 in O.S.No.83 of 2017 dated 03.11.2018 on the file of the IV Additional City Civil Court, Chennai.)

1. The 2nd defendant in O.S.No.83 of 2017 (C.S.No.874 of 2001) on the file of the IV Additional City Civil Court, Chennai, is the revision petitioner herein.

2. The 1st respondent/plaintiff herein has filed the above suit in C.S.No.874 of 2001 contending inter alia that the defendants have approached the 1st respondent/plaintiff for purchase of machinery on hire purchase. According to the 1st respondent/plaintiff, the 2nd respondent/1st defendant herein is the principal debtor and the 2nd defendant/revision petitioner herein stood as a guarantor guaranteeing due payment of the loan amount by the 1st defendant/2nd respondent. According to the plaintiff, an hire purchase agreement dated 12.12.1995 was executed between the plaintiff and the defendants pursuant to which, the 1st defendant paid certain amounts and thereafter committed default. Therefore, the plaintiff attempted to re-posses the secured assets. But, it was prevente

    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