Nandigam Ramakrishna Rao S/O Late ... vs State Bank Of Hyderabad And Another on 7 August, 2013
16. During the period the loan account is in
force pertaining to the personal loan obtained by the respondent no.2 from the
main branch of the respondent no.1 bank, the respondent no.1 can always
exercise general lien over the documents till discharge of the loan amount by
the respondent no.2. The decision relied
upon in L.P.Shashi Kumar Vs
Industrial Dev.Bank of India Ltd., and Others, CDJ
2007 SC 167 has no application to the facts as in the present case the personal
loan account of the respondent no.2 is still alive and in force.