Supreme Court · 2008 INSC 1238 · Decided 4 November 2008
Radhey Shyam Gupta v. Punjab National Bank & ANR.
- Court
- Supreme Court of India
- Citation
- 2008 INSC 1238 · [2008] 15 S.C.R. 241
- Case number
- CIVIL APPEAL No. 6440/2008
- Decided
- 4 November 2008
- Bench
- ALTAMAS KABIR, MARKANDEY KATJU (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- CPC Section 115, 60(1)
Headnote
COURT REPORTS [2008] 15 S.C.R. A judgment by the High Court as to the steps taken by the Bank for recovery of the vehicle for auction sale in order to recover decretal amount -- Hence, the irnpugned order cannot be sustained and s!Jt aside - Order of the Executing Court restored - Executing Court in exercise of revisional jurisdiction '""" Discussed. , C Respondent No.2 took a loan of Rs.83, 0001- from respondent No.1, Bank for purchase of a motor vehicle. Appellant stood guarantee for the loanee. Since loanee could not repay the loan, Bank filed a suit for recovery of the
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