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Shiv Vinay Singhal vs State Of Rajasthan And Ors. on 9 February, 2005 cites

A.P. State Financial Corpn vs Gar Re-Rolling Mills on 10 February, 1994

13. The learned Counsel for the petitioner submits that his view finds support from the judgment of the Hon'ble Supreme Court delivered in the case of A.P. State Financial Corporation v. Gar Re-Rolling Mills, wherein the Supreme Court considered the doctrine of election in the matter of recovery of the loan amount. This Court is not convinced that the said judgment can be read as requested by learned Counsel for the petitioner. It is also relevant to mention here that what can be the logic behind initiating the proceedings under all provisions of law for recovery of the single loan or due amount, has not been explained by the petitioner anywhere. How it will be advantageous to the petitioner or to the financial institution, is also neither explained nor there can be any reason for such a proposition for initiating the proceedings against one defaulter.
Supreme Court of India Cites 18 - Cited by 233 - K Singh - Full Document
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