Supreme Court · 1992 INSC 294 · Decided 22 October 1992
Indian Bank v. K. Nataraja Pillai and ANR.
- Court
- Supreme Court of India
- Citation
- 1992 INSC 294 · [1992] SUPP. 2 S.C.R. 109
- Case number
- CIVIL APPEAL No. 2945/1981
- Decided
- 22 October 1992
- Bench
- KULDIP SINGH, N.M. KASLIWAL (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Constitution; Contract Act Section 62; NI Act
Headnote
Constitution of India, 195()-Article 136-Appea/-Execution of promis­ sory note, equitable mortgage etc. for loans from bank-Proof-Statutory presumption u/s. 118-Negotiable Instrnments Act, 1881-Liability of defen­ dants to pay the amount claimed by bank. Negotiable lnstrnments Act, etc. for bank loans-Liability of defendants to pay the amount claimed by bank. The appellant-Bank filed a suit for the recovery of an amount of Rs.1,21,006.98 due under an equitable mortgage and pronote against the defendant No. I, his wife and his son, the defendant Nos. 2 and 3 respec·
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