UTTAM SINGH DUGAL AND CO. LTD vs UNITED BANK OF INDIA

The Supreme Court upheld the High Court's decree for Rs.1015.50 lakhs in favor of the respondent under Order XII, Rule 6 of the Code of Civil Procedure, affirming that the petitioner had admitted liability through various documents including the balance sheet and board meeting minutes. The Court established that an application for judgment upon admission can be granted when there is clear acknowledgment of debt by the debtor. The petition was dismissed, confirming the lower court's ruling.