Supreme Court · 2016 INSC 452 · Decided 29 June 2016

M/S. Sundaram Finance Limited v. Noorjahan Beevi and Another

Court
Supreme Court of India
Citation
2016 INSC 452 · [2016] 3 S.C.R. 420
Case number
CIVIL APPEAL No. 7245/2008
Decided
29 June 2016
Bench
ABHAY MANOHAR SAPRE, ASHOK BHUSHAN (2-judge bench)
Outcome
Dismissed
Case type
Civil
Acts & sections cited
Limitation Act Section 55, 113

Headnote

F G H [2016) 3 S.C.R. 420 M/S. SUNDARAM FINANCE LIMITED v. NOORJAHAN BEEVI AND ANOTHER (Civil Appeal No. 7245 of2008) JUNE 29, 2016 [ABHAY MANOHAR SAPRE AND ASHOK BHUSHAN, JJ.) Limitation Act, 1963 -Arts. 55 and 113 - Period of limitation for filing recovery suit against defaulting borrower - seizing the vehicle and selling it - However, the amount recovered not sufficient to clear the amount received - Suit for recovery of the balance amount by the jinancer within three years from the date of selling of the vehicle - Borrowers case that the three years limitation period to be counted

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