Supreme Court · 2002 INSC 567 · Decided 19 December 2002
Syndicate Bank v. R. Veeranna and ORS.
- Court
- Supreme Court of India
- Citation
- 2002 INSC 567 · [2002] SUPP. 5 S.C.R. 600
- Case number
- CIVIL APPEAL No. 972/1995
- Decided
- 19 December 2002
- Bench
- SHIVARAJ V. PATIL, ARIJIT PASAYAT (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
Headnote
Bank/Banking-Suit by bank for recovery of loans granted to defendants- Defendants disputing higher rate of interest charged by the Bank- C Earlier defwdants had acknowledged their liability-Trial court accepting defendants's contention and decreeing the suit accordingly-Decree affirmed by High rate is based on agreement between the parties-High Court erred in holding that principles of natural justice were violated as the defendants were not put to notice before enhancing the rate of D interest-Application of principles of natural justice cannot be read into the express terms of
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