Page 4 of 8
5
As per this document, the vehicle was hypothicated in favour of the
complainant, i.e., Urgent Finvest ... colly.) provides the
first clue. As per this document, the vehicle is hypothicated in favour of
the complainant. It is general practice of the finance
stated that, at
the time of executing Ext.P8 loan cum hypothication
agreement, ten blank signed cheques were obtained and
misusing ... same in 60 monthly
instalments and executed Ext.P8 loan cum hypothication
agreement on 18.11.2010 and an amount
certificate dated 08.04.2021
produced on the record, and submitted that the
sanctioned hypothication limit was for Rs.3,00,000/
on 01.07.2011 by account ... been closed on
08.04.2021 and there are no dues in the said
hypothication account.
2.5 Learned advocate, Mr.Ankit Bachani has submitted
that the Criminal
certificate dated 08.04.2021
produced on the record, and submitted that the
sanctioned hypothication limit was for Rs.3,00,000/
on 01.07.2011 by account ... been closed on
08.04.2021 and there are no dues in the said
hypothication account.
2.5 Learned advocate, Mr.Ankit Bachani has submitted
that the Criminal
that the accused has also executed the hire purchase
agreement and also hypothication agreement in his favour.
C.C. No. 7062 / 2019
He assured that ... alleged to be executed by
the accused. Ex. P-7 is the hypothication cum loan
agreement was alleged to be executed by the accused
done approximately in
March 2010 because the vehicle of the accused was hypothicated
Case No. : 21414/09 Page No. 7 of 19
to the complainant
under wrong legal advice of
advocate Mr. lmtiyaz Ahmed that is what hypothical is reasoning of mine I
may be wrong also.
1. In support
know about endorsement made
in RTO record, on account of truck being hypothicated to one finance
company. This had it is alleged led the complainant
Lacs Only) on 28th
March 2002 to the respondent-accused
on hypothication. Being interest of the loan, the respondent-accused
had given a cheque bearing
purchased by means of loan, was discharged and about the
termination of hypothication agreement, on 11.4.2005. These two
documents Exhs. 60 and 61 were nothing