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september 2015

Supreme Court of India · 2015-09-18

INDIAN BANK vs BASHEER M. PICHA

Citation / case number
SC 2013/15565
Court
Supreme Court of India
Petitioner
INDIAN BANK
Respondent
BASHEER M. PICHA
Author
ANIL R DAVE
Bench
ADARSH KUMAR GOEL ANIL R. DAVE

Judgment text excerpt

The Supreme Court directed the respondents, who were borrowers and guarantors, to pay a total of Rs. 2.5 crores to the appellant-Bank, with specific deadlines for payment. The Court noted that the respondents had previously expressed willingness to settle the matter and aimed to bring an end to the litigation. The impugned order was modified accordingly, allowing the Bank to recover the amount if not paid as directed.

INDIAN BANK vs BASHEER M. PICHA · Niyam