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2026 Supreme(Online)(P&H) 5578

IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH
RASHID – Appellant
Versus
STATE BANK OF INDIA – Respondent


IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH Reserved on: 10.03.2026 Pronounced on: 13.03.2026 Uploaded on: 13.03.2026 Rasid and another …Appellants Versus State Bank of India …Respondent CORAM: HON’BLE MR. JUSTICE VIRINDER AGGARWAL Argued by: Mr. Sanjay Vij, Advocate and Mr. Uday Vij, Advocate for the appellants.

Mr. Mahesh Dheer, Advocate with Mr. Dheeraj Siwach, Advocate for the respondent.

VIRINDER AGGARWAL, J.

1. The present Regular Second Appeal has been filed by the appellants assailing the judgment and decree dated 30.04.1998 passed by the learned District Judge, Gurgaon, whereby the appeal preferred by the respondent– plaintiff bank was allowed and the judgment and decree dated 06.11.1997 passed by the learned Additional Civil Judge (Senior Division), Nuh was modified to the extent that the respondent–bank was held entitled to recover the decretal amount alongwith interest at the rate of 12.5% per annum from the date of suit till realization. The appellants herein namely Rasid and Habib are sons of defendant (Majid).

BACKGROUND FACTS

2. The respondent–plaintiff bank instituted a suit for recovery of Rs.81,246.80 against the defendant (Majid). The case of the bank, in b

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