Supreme Court · 2006 INSC 808 · Decided 8 November 2006
Raythara Sahakari Bank LTD. v. Chandrakala R. Das
- Court
- Supreme Court of India
- Citation
- 2006 INSC 808 · [2006] SUPP. 8 S.C.R. 751
- Case number
- CIVIL APPEAL No. 4724/2006
- Decided
- 8 November 2006
- Bench
- ARIJIT PASAYAT, S.H. KAPADIA (2-judge bench)
- Outcome
- Case Partly allowed
- Case type
- Civil
- Acts & sections cited
- Contract Act
Headnote
B Indian Contract Act, 1872: Complainant and others took loan from Bank by pledging jewellery­ Jewel/ery stolen from the Bank-Bank fixing certain rate in return of the C value of the jewellery stolen-Rate so f1Xed accepted by all the borrowers except the complainant-Complainant demanding petition dismissed by National Commission-On appeal, Held: Both the State Commission and the National Commission D passed cryptic orders-They failed to discuss about the effect of the stand taken by the Bank on complainant/Borrowers-Hence, order of the Commission set aside and
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