Supreme Court · 2007 INSC 343 · Decided 26 March 2007
State Bank of India v. Vijay Kumar
- Court
- Supreme Court of India
- Citation
- 2007 INSC 343 · [2007] 4 S.C.R. 475
- Case number
- CIVIL APPEAL No. 1573/2007
- Decided
- 26 March 2007
- Bench
- ARIJIT PASAYAT, LOKESHWAR SINGH PANTA (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Constitution Article 136
Headnote
ATE BANK OF INDIA A v. VIJAYKUMAR MAR(;H 26, 2007 [DR. ARIIlTPASA YAT AND LOKESHWAR SINGH PANT A, JJ.) B --1 Constitution of India, 1950: ~ Art.136-Debt recovery proceedings-Compromise deed setting time c schedule for making payment and default clause-Default in payment within time-Bank claiming of interest for default period@ 10.5% p.a.-On appeal, held, respondent had made full payment alongwith the interest for the default period u Moreover, Appellant- D bank had never indicated that settlement failed due to failure to stick to time .. schedule-Hence not fit case to exercise
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