Bank, B.S. City Branch, Bokaro on depositing certain Title Deeds as
collateral secruity. Subsequently, it was informed by the Bank
Officials that there were ... some defects relating to the Title Deed
which had been deposited as collateral security. Immediately
thereafter the petitioner on 18.06.2010 submitted an application that
company and
agreed to sanction the loan but wanted that a collateral security
in the form of mortgage of an immovable property of substantial
value ... Bang/2013
Shri N.S.Narendra.
Page 4 of 6
collateral security apart from his personal guarantee and
thereafter the bank approved the loan
where the transfer is not made in a routine manner but for collateral purpose and by way of punishment, the Court is competent to interfere ... comes to the conclusion that the administrative order was passed for a collateral purpose. We hold that the order of transfer, Annexure
amount of Rs.10,000/- for business purpose. The loan was collaterally secured by an equitable mortgage of the property belonging to
Mr. Joseph, father ... loan amount was enhanced to Rs.25,000/- and then the collateral security was substituted with 14 cents of land in Survey
Bank and for which, the complainant No.2, her husband, had given
collateral security by depositing the title deed of his property ... availed
a cash credit from their bank and the 2nd complainant offered
collateral security of his immovable property at Kurumampet village. While granting the loan
POPL submitted original Title Deeds of the
mortgaged property as collateral security, vide letter dated
01.11.1995 addressed to A-1 J.B.S. Bedi ... said property was offered by M/s POPL
to IBD Branch, as collateral security and was mortgaged in
favour of the bank; and that
accepted by
the Head Office and when he offered a collateral security, which was having
clear titles, the same was rejected by the Branch Office ... terms thereof, accused Bhajan
Singh had even submitted a genuine property for collateral purpose but for
totally unexplained reasons, such collateral property was not accepted
arise upon happening of a contingent event and as a collateral
CC No. 4853/09 Page 16 of 31
security, would not attract the provisions ... answer this question, the fine difference between a cheque
issued towards collateral security to ensure performance of terms of
the contract, and the cheque issued
Enclave-II, New Delhi, belonging to
accused Animesh Bhattacharya, was offered as collateral. A-6 stood
guarantor for said facility. Balance sheets and ITRs were ... over draft limit of Rs.36 lacs and offered two
properties as collaterals. One such property was situated in village
Kamruddin Nagar, Nangloi, New Delhi
amount of Rs. 5 lacs was agreed to be adjusted towards the
collateral security to be refunded at the time of vacating the suit
premises ... submitted that plaintiffs have never
issued any receipt for the rent or collateral security of Rs. 5 lacs and
the rent till April
