During the period from 1996 to 2001, the petitioner was granted
financial accommodation in the form of four term loan facilities and
one cash credit
said agreement") the respondent no.1 obtained
financial accommodation to acquire the asset mentioned in paragraph 3 of the
application which remains hypothecated
said agreement") the respondent no.1 obtained financial
accommodation for acquiring the asset, described in paragraph 2 of
2
the petition which remains hypothecated
referred to as
"the said agreement") the respondent obtained financial
accommodation for acquiring the equipment, described in paragraph
4 of the application
said agreement")
2
the respondent no.1 obtained financial accommodation to acquire
the asset mentioned in paragraph 5 of the petition which remains
hypothecated
agreement dated September 22, 2018 the respondents obtained a
financial accommodation of Rs.28,75,000/- to acquire the asset
mentioned in paragraph ... respondents have failed
to pay monthly instalments towards repayment of the financial
accommodation obtained from the petitioner. As on November
referred to as "the said agreement") the
respondent obtained financial accommodation to acquire the asset
mentioned in paragraph 2 of the application which
said agreement"), the respondent no. 1 obtained a financial
accommodation for acquiring the asset mentioned in
paragraph 3 of the application which remains hypothecated
terms of an
agreement dated March 22, 2019, the respondents obtained financial
accommodation to acquire the asset mentioned in paragraph 4 of the
application which
said agreement") the respondent obtained a financial
accommodation to acquire the asset mentioned in paragraph 5
of the application. The said agreement contemplates that