Lakh was given to accused Upender Gupta. One
document regarding hypothication was prepared which he
signed and exhibited as Ex.PW 6/A bearing ... came to him on 25.10.2013 and seized the gold
articles which were hypothicated by Upender Gupta to Lalwani
against memo
whereas the defendant
no.2 stood guarantor to the vehicle loan cum hypothication agreement no.B-4155
dated ... maker of which is Hero Honda Passion, under
the vehicle loan cum hypothication agreement no.B-4155 dated
loan of Rs.1,48,000.00 on 12.12.87 to the
defendant against hypothication of the said vehicle bearing registration
no.DBL 8567 and the amount ... note dated 12.12.1987 for Rs.1.48 lac and an agreement for
hypothication of motor vehicle for valuable consideration in favour of the
plaintiff bank
Page 4 of 8
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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
loan of Rs.
4,60,000/ was granted. A loan cum hypothication agreement dated
28.08.2012 was executed between respondents no.1 and 2 by petitioner ... sanctioned and
disbursed to the petitioners regarding with the loan cum hypothication
agreement dated 28.08.2012 was executed. The amount was repayable in 48
installments
detailed cross examination , he conceded signing of car credit cum
hypothication agreement of vehicle in question Ex. PW1/D1 on 3.4.2002. He
@contd ... terms and conditions of Milage
@contd/...
10
Account Agreement / Car Credit cum Hypothication agreement for over draft
facility. He accepted that he in such kind
Preliminary credit facility, application
form, credit facility application form, unattested deed of hypothication, irrevocable power of
attorney, in favour of the plaintiff bank in order ... regitration authority vide registration no.
DL-3CAK-7511 and the same is hypothicated in favour the plaintiff bank in the terms of the
loan documents
stood guarantor for A1 and A
2 in good faith and hypothicated his property, of value more than Rs 1
Crores, i.e., factory ... Phase VI, Gurgaon, (b) assignment of three LICs
Policy sums and (c) Hypothication of Plant and Machinery valued at Rs
18.18 lacs. Intimation of sanction
further deposed
that it was replied that the documents are lying hypothicated after
more deliberation Rs. One crore was quoted to which Neeraj Bhalla
again ... documents will be executed after he received the documents which
he had hypothicated back after about 5-6 days. The witness had
pointed out towards
bearing
Registration No. DL-1RJ-1407 by executing Loan Agreement
and Hypothication Agreement dated 21.09.2007. The said
loan was to be returned in 24 EMIs ... question
and to give the NOC for releasing the said vehicle under
hypothication since April 20102.
2.7. Learned Arbitrator framed 7 issues
