Drat Delhi Court December 2005 Judgments
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Satwant Nanua Vs. Punjab National Bank and ors.
Court: DRAT Delhi
Decided on: Dec-08-2005
Reported in: II(2006)BC226
1. This appeal is directed against the judgment in OA No. 229/1995 dated 6.7.2004 made by the Debts Recovery Tribunal-I(DRT-I) Delhi. This appellant is arrayed as 5th defendant in the OA. The OA was filed by the respondent-Bank herein on 7.8.1995 for recovery of certain amounts against nine defendants including this appellant who is arrayed as 5th defendant. The allegation against this appellant is that she stood guarantor for respondent No. 2 herein and had executed an agreement of guarantee dated 1.4.12.1992 for the limits allowed to the respondent No. 2 and that the appellant had deposited title deeds of the property bearing plot No. 75, Blook-FA, Mansarovar Garden, Basai Darapur, Delhi measuring 220 sq. yards and created an equitable mortgage of the same in favour of the respondent-Bank. Decree for recovery of Rs, 33,32,5327- along with pendentelite and future interest @2 3.25% p.a.from the date of filing the OA till realisation with costs had been prayed for against this appellan...
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