Supreme Court · 2022 INSC 1210 · Decided 16 November 2022
Bhagyoday Cooperative Bank LTD. v. Ravindra Balkrishna Patel Deceased Through His LRS & Ors
- Court
- Supreme Court of India
- Citation
- 2022 INSC 1210 · [2022] 18 S.C.R. 1
- Case number
- CIVIL APPEAL No. 8531/2022
- Decided
- 16 November 2022
- Bench
- K.M. JOSEPH, HRISHIKESH ROY (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- CPC Section 38, 39, 2; Constitution Article 103; Limitation Act Section 5
Headnote
Gujarat Co-operative Societies Act, 1961 (GCoSA, 1961) - Ss. 103, 103 (a) - Code of Civil Procedure 1908 - Ss. 38, 39, Or. 21, r.46A, Or. 26, r.46 - Limitation Act S. 5 - The Appellant-Bank granted a financial facility to a firm (M/s. Firm) of three partners (Respondents and one Gautam Vishnuprasad Tripathi) - Amount was not repaid - Lavad Suit was filed in 1988 by the Appellant before the Board of Nominees u/ GCoSA 1961, which held to make payment with interest p.a. from the date of suit till realisation and
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