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

1983 Supreme(MP) 274

B.C.VARMA
BALKRISHNA AGRAWAL – Appellant
Versus
CENTRAL BANK OF INDIA – Respondent


Advocates Appeared:
K.P.MUNSHI, N.S.KALE

B. C. VARMA, J.

( 1 ) THE order in this appeal shall also govern the disposal of Miscellaneous Appeals Nos. 165 and 166 both of 1982.

( 2 ) THE decision of these three appeals shall turn upon the determination of true scope of Rule 10 of Order 39 of the Civil P. C.

( 3 ) THE appellants in these three appeals are defendants in three suits filed by the respondent Bank for recovery of huge amounts. In all the three cases, the appellants are said to have executed hypothecation bonds in respect of certain properties, including articles of trade. After the institution of the suit, the respondent Bank in its anxiety to enforce speedy recovery of the amount claimed, applied before the lower Court under Rule 10 of Order 39 of the Code for a direction to hand over the articles hypothecated to it. Detailed replies in answer to these applications were filed, The alleged agreement of hypothecation of goods in favour of respondent/plaintiff has been specifically denied. In the suit giving rise to Miscellaneous Appeal number 164 of 1982, the hypothecation is said to be only imaginary and it is asserted that 'the relevant time, the appellants were not even possessed of the articles said to be hypo





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