DELHI HIGH COURT
PUNJAB NATIONAL BANK – Appellant
Versus
SUBHASH AGGARWAL & ORS. – Respondent
Neutral Citation Number 2022/DHC/004936
RFA(COMM) 3/2021
Page 1 of 17
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IN THE HIGH COURT OF DELHI AT NEW DELHI
%
Reserved on: November 03, 2022
Pronounced on: November 18, 2022
+
RFA(COMM) 3/2021 & CM APPL. 5875/2021
PUNJAB NATIONAL BANK
.....Appellant
Through:
Mr. Hashmat Nabi with Mr. Mohit
Nagpal, Advocates.
Versus
SUBHASH AGGARWAL & ORS
..... Respondents
Through:
Mr. Nitin Mittal, Advocate.
CORAM:
HON'BLE MR. JUSTICE SURESH KUMAR KAIT
HON'BLE MR. JUSTICE SAURABH BANERJEE
J U D G M E N T
SAURABH BANERJEE, J.
1.
Appellant-bank/original defendant no.1 before the learned Trial Court
has impugned the judgment dated 18.02.20201 whereby its application under
Order VII rule 11 of the Code of Civil Procedure, 19082 in a suit for
declaration instituted by respondent nos. 1, 2 and 3/ original plaintiffs3
against the appellant-bank and Union of India/respondent no.4 has been
rejected and a judgment under Order XII rule 6, CPC has been pronounced
against the appellant bank, in favour of the respondents.
2.
Facts before us disclose that one Mr. Ajay Gupta4 availed loan afte
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