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Drat Delhi Court February 2004 Judgments

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Feb 27 2004

Balbir Singh Vs. Punjab and Sind Bank and ors.

Court: DRAT Delhi

Decided on: Feb-27-2004

Reported in: I(2005)BC117

1. First respondent-Punjab & Sind Bank (hereinafter referred to as 'the respondent-Bank') filed Civil Suit 894/92 on 4.3.1992 before the Hon'ble High Court of Delhi against appellant-Balbir Singh (6th defendant in the suit, and hereinafter referred to as 'the appellant/defendant') and respondents Nos. 2 to 7 in the appeal (defendants 1 to 5 and 7 in the suit) for the recovery of Rs. 1,33,27,264/-with interest and costs. On the passing of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (hereinafter referred to as 'the Act') the said suit was transferred to the Debts Recovery Tribunal (hereinafter referred to as 'the DRT'), and was taken on its file as O.A. 266/96. The appellant/defendant had entered appearance through his Counsel-Mr. R.S. Sharma even before the Hon'ble High Court. On 30.10.1992 the respondent-Bank was directed to supply copies of the documents to the appellant/defendant within a week, and the appellant/defendant was directed to file his writ...


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