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Citibank N.A. vs Juggilal Kamlapat Jute Mills Co. Ltd. on 17 May, 1982

With respect to the learned Judge the view expressed by him runs counter to the decision of the Privy Council in Hodges v. Delhi and London Bank Ltd. Reliance placed by Mr. Dwarkadas on the division bench decision in K. R. Chitguppi Company's case is totally misconceived. In fact that judgment supports the case of the respondent than the appellant. This is clear from the following observations:
Delhi High Court Cites 38 - Cited by 104 - Full Document

Central Bank Of India vs M/S. Multi Block Private Ltd. And Others on 16 January, 1997

has categorically held in Central Bank of India v. Multi Block Private Ltd., that clauses in the guarantee bond waiving the rights under Chapter VIII of the Contract Act and other clauses for securing loan advanced cannot be said to be violative of the public policy or tainted with immorality. On the other hand the public policy should be that one should not allow to defeat the debt of the creditor.
Bombay High Court Cites 14 - Cited by 2 - Full Document
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