sanction letter dated 19.03.2010
issued. The petitioner has furnished primary and collateral securities.
The primary security is plant and machinery of the firm ... Shivpam
Agrofoods Pvt. Ltd. whereas the house in question is a collateral
security.
The respondent-Bank initiated proceedings under the
Securitization and Reconstruction of Financial
acted upon and that
it was executed only as a collateral security. It was pleaded that the
plaintiff demanded that a mortgage deed be executed ... defendant
as "collateral security in order to guarantee that the shop will be
vacated by the defendant whenever demanded by the plaintiff
acted upon and that
it was executed only as a collateral security. It was pleaded that the
plaintiff demanded that a mortgage deed be executed ... defendant
as "collateral security in order to guarantee that the shop will be
vacated by the defendant whenever demanded by the plaintiff
favour of the second respondent against which the petitioner had
provided collateral. It is submitted that the original sanction of the loan
which ... 2015 Page | 2
personal guarantee given by him and the collateral security of the property at
Dwarka. It is submitted that in these circumstances
Kumar Patil
and all the persons interested had sought release of the collateral
6 OS No.27225/2011
security documents in favour of Sri.Basant ... Kumar Pail and all the persons interested had sought release of
the collateral security documents in favour of
Sri.Basant Kumar Patil. Once again KSFC
circulation of black money
and corruption.
This kind of transactions has disastrous collateral effects also. For example,
when the market value increases, many vendors
Unity Infraprojects Ltd Thr Its ... vs Building Construction on 19 November, 2015
Author: Rongon Mukhopadhyay
paramountcy and no allegation of bias or malafide or extraneous consideration for collateral objectives has been levelled, and rightly. In the overall factual background
paramountcy and no allegation of bias or malafide or extraneous consideration for collateral objectives has been levelled, and rightly. In the overall factual background
paramountcy and no allegation of bias or malafide or extraneous consideration for collateral objectives has been levelled, and rightly. In the overall factual background
