Car Loan) 6.00 4.40 7.98 8.38
A/c No.
056400NG00
053639
3 Term Loan ... more Term Loan (Car Loan) facilities of
₹24,69,000/- and ₹22,59,000/-. To secure the
aforesaid Term Loan (Car Loan) facilities the
Corporate
elicited that she purchased the Mercedes Benz car
in the year 2011. She took car loan of Rs.19,00,000/- in ICICI
Bank ... case that at the time of handing over the
car there was balance car loan amount and therefore it could not
be sold. If that
car loan, personal loan
and education loan from Opposite Party on 10.05.2007
onwards,; That finally he was due Rs.8,236/- on the car loan ... car stands lor i.c., seized car. Surprisingly,
When he
mentioned the registration number of the scized
car.
to believe that,
purchased the Car
That the Defendant approached the
Plaintiff Bank for Term Loan under Car Loan Scheme for financial
assistance on 19.02.2013 and the Car Loan Application Form ... which request was accepted by
the Plaintiff Bank and consequently a Car Loan for sum of
Rs.10,00,000/- was sanctioned, Sanction Letter dated
plaintiff bank for grant of financial
assistance by way of Auto/car Loan facility. The defendant no. 1
had also offered guarantee of defendant ... purchasing Chevrolet Enjoy Saloon car bearing registration no. UP
16AW 7239 and the said car loan is secured by hypothecation of
vehicle/car in favour
plaintiff took a loan of Rs.8,21,000/ for 48 months from ICICI Bank,
vide Loan Agreement dated 20.05.2010. The car was hypothecated with ... installments of
the car loan. In order to repay his earlier loan, the plaintiff took another
used car loan of Rs.4,00,000/from
made by the AO on account of interest expenses on the car
loan and the depreciation on the car amounting ... With regard to the disallowance of car expenses, the AO has disallowed interest paid
on car loan and depreciation amounting
copy of car loan.
(iii) Ext.-DW3/B1 is the copy of personal loan ... car loan and Ext.-DW3/B1 is the copy of personal
loan, which indicate that the petitioner has taken car loan and
personal
car, took the money back from the car dealer and used it
for other purposes. One of the sales executive of the car
dealer ... taking of loan, the
applicant had applied to the bank that his loan may be
converted as a general loan. In its counter affidavit
initially
car loan. He obtained the loan, but in
collusion of the Sales Executive of the
vendor, he cancelled his car booking and
took the money ... details also in the FIR. In reflects
meticulous planning of obtaining car loan,
without the car having been purchased for
various reasons best known
