Supreme Court · 2015 INSC 594 · Decided 21 August 2015
Citibank N.A. v. Hiten P. Dalal & ORS.
- Court
- Supreme Court of India
- Citation
- 2015 INSC 594 · [2015] 9 S.C.R. 583
- Case number
- CIVIL APPEAL No. 3580/2005
- Decided
- 21 August 2015
- Bench
- VIKRAMAJIT SEN, SHIVA KIRTI SINGH (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- CPC Section 144
Headnote
Code of Civil Procedure, 1908 - s. 144 - Restitution of decree- Money decree in favour of the appellant and against c the respondent - Respondent was directed either to pay Rs. 50 crores or to deliver 9% /RFC Bonds of the face value of Rs. 50 crores alongwith 9% interest - Respondent opted to of the bonds in the market, during March/April 1997, when D the prevailing market rate was Rs. 851- (face value of the bond being Rs. 1001- redeemable on 15. 7. 2001) - Subsequently the decree was reversed by Supreme Court - Demand of Rs. 135, 18, 28, 0531- by way of restitution -Appellant as
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