vehicle. Mr. Palsra, further contended
that since vehicle in question stands hypothicated in the name
of respondent No.1(DH), same can be sold ... cannot sell the
same till the time vehicle in question is hypothicated in the
name of respondent No.1(DH)
7. Consequently, in view
Bhawar Lal Taylor vs State Of M.P. And 4 Ors. on 10 May, 2016
petitioner- Bank. Shri Raval in his deposition clearly stated' that the hypothicated goods which formed the subject matter of security were lost as there
mechanised fishing boats. The loan was granted after executing the loan agreement, hypothication deed, guarantee agreement and memorandum of title deeds evidencing creation of equitable
either of the parties. However, let us consider and
examine a hypothical situation. An unscrupulous litigant after entering into
an agreement of sale
adjusted against the loan. According to this letter, some trucks were hypothicated as security for the loan. This document was marked ... said suit was a guarantor for such payment of loan. Hypothication of four trucks and one bus by way of security was also made
affidavit along with supporting documents stating therein that the
seized vehicle was hypothicated to SRIE Equipment Finance
Limited. Moreover, the petitioner used to provide such
learned advocate for the
petitioner that the vehicle in question to under
hypothication with the petitioner Company and that the
respondent
learned advocate for the
petitioner that the vehicle in question is under
hypothication with the petitioner Company and that the
respondent
learned advocate for the
petitioner that the vehicle in question to under
hypothication with the petitioner Company and that the
respondent
