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S. Milkha Singh And Ors. vs N.K. Gopala Krishna Mudaliar And Ors. on 4 May, 1956

After an exhaustive discussion of the connotation of the word "debt" as also the scheme of the Act, Capoor, J., with whom Pandit, J., agreed, came to the conclusion that the term "debt" as defined in Sub-section (6) of Section 2 must be restricted in the sense laid down by Chagla, C. J. in Iron and Hardware, (India) Co. v. Firm Shamlal and Bros., AIR 1954 Bom 423 and followed by two Division Benches of this Court in Milkha Singh v. Gopala Krishna Mudaliar, AIR 1956 Punj 174 and Jattu Lal Darbar Singh v. Imperial Bank of India, F. A. F. O. No. 87 of 1953, D/- 20-11-1958 (Punj). The claim of compensation by way of damages on account of the alleged wrongful detention of the goods by the bank was held not to fall within the word "debt".
Punjab-Haryana High Court Cites 6 - Cited by 11 - Full Document
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