Supreme Court · 2015 INSC 363 · Decided 28 April 2015
Central Bank of India v. C. L. Vimla & ORS.
- Court
- Supreme Court of India
- Citation
- 2015 INSC 363 · [2015] 5 S.C.R. 200
- Case number
- CIVIL APPEAL No. 4043/2015
- Decided
- 28 April 2015
- Bench
- JASTI CHELAMESWAR, PINAKI CHANDRA GHOSE (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Contract Act Section 128
Headnote
5 S.C.R. 200 CENTRAL BANK OF INDIA v. C. L. VIMLA & ORS. (Civil Appeal No. 4043 of2015) APRIL28, 2015 [J. CHELAMESWAR AND PINAKI CHANDRA GHOSE,JJ.] Auction: Mortgage of property to the appellant-bank for raising loan for family business- Default in repayment of loan - OA by bank before ORT setting aside of the award of Lok Ada/at on the ground that settlement was not within her knowledge as she had not signed the joint memo - Writ petition dismissed and writ appeal was permitted E to be withdrawn with liberty to approach Lok Ada/at for appropriate relief- Meanwhile auction was
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