N.K.JAIN
CENTRAL BANK OF INDIA, INDORE – Appellant
Versus
LAXMI COTTON COMPANY – Respondent
( 1 ) THIS Revision Petition is directed against the order dated 27-2-1992 whereby the applicant-plaintiff's application u/s. 151 of the Code of Civil Procedure seeking revocation of the order dated 28-7-1989 passed by the trial Court, was rejected.
( 2 ) THE applicant is the plaintiff in the case. He has filed suit against the respondents for recovery of Rs. 2,80,135,71 on 18-1-1982. It appears that regarding the same transaction the respondents are being prosecuted by C. B. I. in the Court of Addl. Chief Judicial Magistrate (Economic Offence), Indore on various charges under the I. P. C. The respondent-defendants after putting written statement in the suit made an application to the trial Court praying that in view of the pendency of the criminal case, further proceedings in the civil suit be stayed. The trial Court vide its order dated 28-7-1989 allowed the application and ordered for stay of the proceedings of the Civil Suit pending the decision of the criminal case against the respondents. Since then no much progress seems to have made in the criminal case and as such the proceedings in the civil suit still remain stayed. On 30-3-1992 the applicant-plaintiff made
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