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
Dalip Rajput, she had taken loan from ICICI Bank.
This car was hypothicated before the said bank and later on she
defaulted in making payment ... tried to remove the engines of the air
craft which were hypothicated before IOC and that had led the IOC to
file a criminal proceeding
other accused
obtained a loan of Rs.10,000/- on 24.06.95 by
hypothicating the stocks of the firm. After sanctioning
the loan by accepting hypothication ... Senior Manager,
Nedungadi Bank Ltd., Thalassery that the accused had
already hypothicated the stocks to their bank as security
for taking credit facility. Thus
sanctioned term loan and cash
credit limit, from the Bank against hypothication of the firm and has transferred
the hypothicated stock to some other premises ... given intimation to the Bank that he has sold away the
hypothicated stock of the petitioner.
Learned counsel for the petitioner also refers
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
basis of his false assurance and hypothication agreement, and not paid
installments as per the schedule which caused wrongful loss to the
complainant company(order ... with the complainant company by obtaining a loan
on false assurances and hypothication agreement which he never intended to
pay. For proving the same
National Tobacco Company (NTC), subject to drawing power according to hypothication of stock etc. of Duncan. On 10.8.84 Duncan obtained an order from the Calcutta
handed
over to the defacto complainant and the accused shall clear the
hypothication dues of the vehicles.
7.On compliance of the above conditions
stocks had been mentioned in these hypothecation stock statements:-
Sr. Date of hypothe- Excess
No. cation stock amount drawn
statement
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1. 3-3-1975 (hypo ... correct stocks had been mentioned in these hypothecation statement:-
Sr. Date of hypothe- Excess
No. cation stock amount drawn
statement
Georgekutty Kurian vs Spe/Cbi on 8 January, 2008
IN THE HIGH COURT OF KERALA
