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Morgan Stanley Mutual Fund vs Kartick Das on 20 May, 1994

11. On the other hand, Shri. S.M. Singhbal, the lr. advocate of OP No. 1, and Shri. M.S. Joshi, joining him, would submit that the complainant is a partner of the duly registered firm M/s. Harmony Associates and that the said firm had taken a loan from OP No. 3 for the purchase of the said vehicle as can be seen from the very document produced by the complainant, namely receipt dated 28/3/10 issued by OP No. 3 in the name of the borrower M/s. Harmony Associates. Lr. advocates also point out to letter dated 11/5/10 addressed by the complainant to OP Nos. 1 and 2 in the name of the said firm M/s. Harmony Associates Builders and Developers, and submit that in case the complainant had purchased the vehicle in his own name the complainant would not have addressed the said letter in the name of the firm. Lr. advocates submit that the purchase receipt was issued in the name of the said firm and not in the name of the complainant and vehicle also stands registered in the name of firm and not in the name of complainant, but concede that documents to that effect have not been produced by OP Nos. 1 and 2 due to oversight. Lr. advocates submits that the problem started when the said firm stopped making payments of monthly instalments to OP No. 3 towards the loan taken and to evade the payment that the complainant filed the present complaint. Lr. advocates submit that job cards produced by the complainant were also issued in the name of M/s. Harmony Associates and not in the name of the complainant. Shri. M.S. Joshi has placed reliance on Morgan Stanley vs. Kartick Das, 1994(4) SCC 225 wherein the Apex Court has held that:
Supreme Court of India Cites 36 - Cited by 434 - S Mohan - Full Document
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